Charts are nothing more than collective records of buying and selling over a period of time. It has been observed that some chart patterns form on these price charts repeatedly over all timeframes and almost all markets. Many academics argue that financial markets are inherently random in nature. It has been observed that within this… Continue reading Harmonic Chart Patterns
Category: Commodities
XAUUSD Gold Rally Is Coming To An End So We Closed Our Long Trade
Gold rallied strong in the past few weeks. But the gold rally is coming to an end now. Last time we informed you well in time that gold XAUUSD is about to take a turn from being bearish to bullish. This time we inform you that gold rally is coming to an end as there… Continue reading XAUUSD Gold Rally Is Coming To An End So We Closed Our Long Trade
XAUUSD Gold Has Reached The Bottom And Is About To Turn Bullish
Gold XAUUSD has been making headlines once again by falling in price. But now analyst believe that gold has reached the turning point and is close to its bottom. So expect an uptrend on XAUUSD once again. If you are still bearish on gold, it’s time to get bullish once again. Take a look at… Continue reading XAUUSD Gold Has Reached The Bottom And Is About To Turn Bullish
Unusual Gold Price Moves During The Asian Market Session Makes Traders Nervous
Since October, the biggest moves in the gold market has occurred during the Asian Market Session. Most analysts are trying to understand the reasons behind these big moves. It is being suspected that there is a big increase in algorithmic trading. The timing of these big price moves have led some analysts to speculate this… Continue reading Unusual Gold Price Moves During The Asian Market Session Makes Traders Nervous
Is Gold Heading Higher?
If you are a gold trader, you need to take a close watch on the fundamentals driving the gold market. Gold is a highly volatile market susceptible to wild swings on political crisis around the globe. Watch the video below that discusses where the gold price is heading right now.
Richard Dennis Commodity Trader Turned $1,600 Into $200 Million in 10 Years!
Richard Dennis is considered to be a trading legend. He reportedly turned a borrowed $1,600 into $200 Million in a period of 10 years trading commodities. He is famous for his Turtle Trading Experiment. Turtle Trading Experiment revolved around the idea whether great traders are made or born. You can read about Richard Dennis in… Continue reading Richard Dennis Commodity Trader Turned $1,600 Into $200 Million in 10 Years!