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 ...
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, ...
Forbes contributors publish independent expert analyses and insights. John Navin is a Colorado-based journalist who writes about stocks. Jun 22, 2019, 01:22pm EDT Jun 23, 2019, 02:04pm EDT This ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
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, ...
For those of you who are satirically challenged, the following analysis may cause severe discomfort. To you, I say 1) I am sorry for your affliction and b) we can't be friends. Now onto the analysis ...
Gold traded in a narrow range on Wednesday with a high of 2,335 and a low of 2,324. The high took the price of gold above the top boundary line of a potential bearish pennant pattern (small ...
Here we see what is known as the “real price of gold” since 1970 – that is gold adjusted for CPI (consumer price index) inflation. You can see that we have a “cup and handle” pattern that has formed ...
Here are some interesting questions for gold bugs of the world to ask themselves: Can there be quarterly window dressing in the gold market? Would a US government shutdown be bullish or bearish for ...
The mining stocks moved lower and they are most likely leading the rest of the precious metals sector lower. So, what we have here is true underperformance of mining stocks. This doesn’t bode well for ...