Gold has just Put In a 5th Wave Melt-Up in a Topping Megaphone on its 30-Minute Chart Gold has just put in a 5th-wave melt-up in a topping megaphone (red on chart above) on its 30-minute chart. It ...
Today’s bullish follow through in gold is not too convincing for the long side short term. Gold had a decisive breakout of a bull wedge yesterday and it closed near the high of a long-range green ...
As optimists we can argue that the summer doldrums arrived to take the steam out of the market and that better times lie ahead. The pessimists suggest that gold is struggling to gain traction and will ...
Gold broke out of a small bull wedge on Wednesday following the U.S. Fed decision on rates. It was a decisive breakout with gold looking like it is ready to head to higher targets. Given the sharp 7.7 ...
There is a falling wedge forming on the short term Gold charts as the price consolidates. This could lead to a bullish break out that will target the top of the bearish channel. As the price is ...
-“A key reversal formed on Monday and high is right at the 200 day average. Trendline support is near 1236.” Gold has followed through on its key reversal and broken 1236. The rally from December ...
Gold markets have rallied a bit during the trading session on Wednesday, reaching towards the $1500 level and perhaps more importantly the top of the wedge that it has been fighting. If we can break ...