Gold Nears Inflection Point, As Narrowing Pattern Echos Key Currencies
The price of Gold has been consolidating for several months. And just when you think it's going to breakout, sellers show up.
But Gold hasn't...
Taking Profits While the Stock Market Tanks
Both the S&P 500 (SPY) and the Nasdaq 100 (QQQ) failed to clear key resistance areas this past week. Â
Additionally, the CPI reported that inflation...
Metals GOLD and Palladium Complete The Recovery: Elliott Wave AnalysisÂ
The U.S. equity markets have traded in a range as traders and investors await CPI data tomorrow.Â
Gold made a sharp and strong turn down...
Precious Metals “Cup” Patterns Have Long-Term Bulls Excited!
Each investor has to be aware of what their time-frame is. Are we looking at the coming days, weeks, months, or years. Some are...
Gold and Euro Bulls Hope Trend Line Support Holds!
The price of Gold has been moving sideways-to-lower for months now.
But this consolidation is nearing a potential inflection point.
Today's chart 2-pack highlights the...
Stock Market Bulls Neutralize Bears, But More To Prove
The S&P 500 Index rallied on Tuesday, closing near the highs of the session for the third straight day. Futures are pointing higher into...
Precious Metals Trading Turns Bearish (Elliott Wave Analysis)
A hawkish FOMC statement is driving the US Dollar higher while stocks saw a quick reversal downward. As well, precious metals (gold and silver)...
Major Stock Indices Eye Price Support As Commodities Heat Up
The market is looking to hold its current price area along with Monday’s low as a new key support level.
Additionally, with many banks coming...
What’s Wrong With Gold?
Hit the rewind button back to a year ago. Gold was trading at $1,850/oz, and the iShares TSX Gold ETF was about $19.50. Now,...
Can Silver And Gold Breakout From Stagnant Price Action?
Everyone knows inflation is on the rise and with the latest year-over-year inflation numbers up 7%, investors are finally getting the picture that market...
