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 ...

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, ...

A classic technical analysis pattern is playing out on the gold ETF chart based on the monthly prices. You can see this inverse head-and-shoulders pattern in the 2014 to 2017 time frame. That’s a left ...

Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...

After 45 years trapped below its inflation-adjusted ceiling, gold didn’t just break out — it SHATTERED through. Technical analysts call it a “confirmed breakout.” I call it the opportunity of a ...

For those of you who are satirically challenged, the following analysis may cause severe discomfort. To you, I say 1) I am sorry for your affliction and b) we can't be friends. Now onto the analysis ...

The first thing that needs to be addressed with all market activity as the New Year begins is the lack of liquidity during the first week or two of January. The following graph from the CMEGroup, the ...

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, ...