XAU/USD (Gold) has been building a contracting triangle chart pattern for a long time. Will the continuation pattern indeed break to the upside as expected? The XAU/USD (Gold) has been building a ...
Markets (all markets) are driven by fear; fear of losing and fear of missing out. Fear leaves behind repetitive patterns in the pricing history of gold. We check back on the patterns that we presented ...
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, ...
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's strong breakout challenges recent bearish signals, with a bull pennant pattern suggesting further upside if resistance at $2,943 is decisively breached. Gold came back strong on Tuesday and is ...
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 ...
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 ...