(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 ...
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
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 ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Amazon.com, Inc (NASDAQ:AMZN) was down about 2% on Thursday morning, at the lower trend line of a rising channel pattern. The pattern is bullish for the short term, but can be bearish down the road.
Creating a Forex trading strategy does not have to be a difficult. Today we will review the basics of spotting and trading price channels. Article Summary: Creating a Forex trading strategy does not ...
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