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 ...
After 45 years trapped below its inflation-adjusted ceiling, gold didn’t just break out — it SHATTERED through. Technical analysts call it a “confirmed breakout.” I call it the opportunity of a ...
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, ...
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 ...
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, ...
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 ...