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 ...

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 ...

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 ...

XAU/USD (Gold) has been building a contracting triangle chart pattern for a long time. Will the continuation pattern indeed break to the upside as expected? The XAU/USD (Gold) has been building a ...