If the pattern continues to replicate, then we expect gold to drop to the $1,225-$1,250 zone before bouncing higher (chart below). Source: ANG Traders, StockCharts ...

After touching 1.3000 important psychological level, XAUUSD pulled back from 1300.82 and formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation of the uptrend ...

Gold may drop to $1,550 by the first week of November, he said. “The market has decisively broken out of this pattern,” Mr. Patton said last week. “Gold looks weak in the near term.” ...

I have been writing about Gold ’s super bullish cup and handle pattern since 2021. The pattern is super bullish because the handle consolidation of the past few years has transpired above the 38 ...

Gold is nearing the important resistance level at $110, meaning that it has jumped almost 10% from its lowest point in 2024. The strong dollar often impacts gold, which explains why the GLD ETF ...

But – if gold goes to $1,900, then hovers around that zone, we’ll be forming another much bigger “cup and handle”, formed over eight years, as the chart below shows.

Last week, we received quite a few messages in which readers asked about the long-term reverse head-and-shoulders pattern in gold and related ratios. In today’s alert, we discuss this in greater ...