Friday’s commitment of traders (COT) report for gold and silver offered more of the same. Which is to say the gold futures action was boring and the silver ... Read More
On the daily chart of Gold we see a bullish pattern; a five waves up from November 2015 low followed by a turn down from 1375 that we believe ... Read More
EURJPY On the 4H chart we are observing anice impulsive cycle taking place, with price currently trading in a three wave correction, labeled as A-B-C. As we see on ... Read More
GOLD GOLD is showing a complex corrective pattern, known as double zig-zag which could be near completion, as only one more leg seems to be missing, that is wave ... Read More
Gold is in a new bullish turn that could stay here for a while based on weekly and daily structure. As such, we will continue to look higher after ... Read More
GOLD is turning down sharply for the last few weeks with increasing bearish momentum, so we see metal now making an impulsive drop from the highs. However, despite a ... Read More
S&P500 E-mini S&P500 has turned nicely lower a few weeks back from 2104 high that we labeled it as a complex W)-X)-Y) correction, so market was just in a ... Read More
GOLD Gold is moving sharply to the upside since end of last week, now trading at new highs after strong break above the upper triangle line connected from 1283. ... Read More
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, ... Read More
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