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 ...
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 ...
Here are some interesting questions for gold bugs of the world to ask themselves: Can there be quarterly window dressing in the gold market? Would a US government shutdown be bullish or bearish for ...
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 ...
Here we see what is known as the “real price of gold” since 1970 – that is gold adjusted for CPI (consumer price index) inflation. You can see that we have a “cup and handle” pattern that has formed ...
Gold triggered a bearish wedge reversal, testing key support at the 50-day moving average, while sellers regain control and ...