(Kitco News) - Comex December gold futures continue a stair step pattern lower, within a well-defined bear channel pattern. Last week's selling action took the gold market down to a chart support ...
Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. Buying an asset in a downtrend can be a risky maneuver ...
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
The SPY is trading in a long-term rising channel pattern and on Wednesday was bouncing up from the lower trend line. The pattern is considered to be bullish unless a stock or ETF breaks down from the ...
Ford Motor Company (NYSE:F) was sliding about 0.8% lower on Tuesday, heading into its first-quarter earnings report, which is set to print after the market close. On Monday, the legacy-turning-EV ...
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...
(Kitco News) -December Comex gold futures are under modest pressure heading into the New York trading session. The short-term technical pattern is weak, but recent declines have been orderly. The near ...