Another test of support today as gold dips briefly below the uptrend line at the lower border of a rising bearish (possibly) flag and then bounces. Nevertheless, it looks like gold will close back ...
Gold's failure to hold above $2,000 despite a surge in bullish sentiment suggests short positions are once again warranted. Price action is reminiscent of the previous significant peak in March 2022, ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP A US court ruling that limited Trump’s tariff powers triggered a surge in gold and silver prices. Loose financial conditions, ...
You might be familiar with “island reversals” or “pennants”, “double bottoms” or “falling wedges”. These are some of the many recurring patterns that appear in stock charts that now have their own ...
Gold is sporting a significant cup and handle pattern. It remains in the handle portion of the pattern. Cup and handle patterns show up quite a bit but especially on smaller time frames. There are not ...
Since gold's flash crash last Sunday night, the yellow metal has oscillating around its key $1,100 per ounce psychological level. As I've been pointing out, gold's latest plunge caused it to break ...