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 ...
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 chains have become everyday staples, not just special-occasion pieces. If you plan to wear one daily, durability matters ...
Is This Currency Overvalued? Purchasing Power Parity (PPP) and Long-Term FX Valuation A US court ruling that limited Trump’s tariff powers triggered a surge in gold and silver prices. Loose financial ...
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, ...
In Elliott Wave Theory, flat patterns are consolidation moves that are designed to eat up more time than price. Flat patterns tend to be shallow retracements of the previous trend and when finished, ...
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 ...