If you look at a chart of a financial instrument and it doesn’t suggest a trend, then perhaps – and most likely – it doesn’t have one. Markets only trend when they are imperfect or at a rate where the ...
Throughout the gold bull market, we have seen a fairly consistent pattern. The current consolidation pattern started in late April. We’re in late August. So, yes, it has been about four months. Could ...
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Our Top Chart Strategist Explains How to Trade Gold Now as Prices Disconnect from Technicals
Gold’s rally has captured headlines, but even in the strongest uptrend, there typically comes a mean reversion at some point. Recently, the Market on Close team flagged overbought conditions in gold ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Gold will likely remain in focus this week after climbing to a record high above $2,700 on ...
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