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 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 ...
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 ...