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, ...

January CPI data expected to rise 0.3%; a stronger print could reinforce Fed’s cautious stance, pressuring gold prices. Gold slips as Powell signals no rush for rate cuts, with traders eyeing key ...

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 ...

The US Dollar rebounds from its lows, but the overall trend remains downward. Gold (XAU) is consolidating at record levels and seeking support for further upside potential. Silver (XAG) shows positive ...

Many traders are focused on gold as price has contracted over the past 5+ weeks, and the $1,700 level is being retested. This prompted my team and I to do some research related to the Federal ...

A noteworthy confluence of patterns in gold and gold stocks is in evidence this year. At the close of trading on December 26, the HUI Index has given a (tentative) buy signal by completing a unique ...