Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.

Gold prices will likely remain in focus on Monday after hitting record highs last week, as several catalysts continue driving demand for the metal as a hedge against currency deflation and ...

News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP A US court ruling that limited Trump’s tariff powers triggered a surge in gold and silver prices. Loose financial conditions, ...

A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...

Because there is still a considerable gap with the 200-day, it means that there is room for gold's price to break down from the rectangle and correct back. The accumulation line has continued to trend ...

If you've ever wondered how to make sense of the ups and downs in the forex market, here's a clue: breakout patterns. Think of them as signs that tell you when the currency price might go up, keep ...