Gold (XAUUSD) got a massive rejection following Powell’s comments on the potential of higher interest rate hikes. It hit the Symmetrical Support level of the Inverse Head & Shoulders pattern we outlined on our previous analysis and so far seems to be rebounding. A potential Channel Up gives room for some more decline before an

Ten days ago we called a bottom on the exact market buy for Gold (XAUUSD) as the 1D RSI was approaching the oversold level: This time we bring you an even more extensive perspective on the 2D time-frame, having found a fractal from 2019 that can lead Gold much higher than most anticipate, assuming of

We are updating our WTI Oil (USOIL) outlook on last week’s buy signal: Target 1 (78.50) has been hit as the price reached the Lower Highs trend-line that started on the January 27 High. If a 4H candle closes above this trend-line, you can extend buying towards Target 2 (80.00), which is where the 1D

Gold (XAUUSD) is having the first major bullish break-out since it started its aggressive collapse on the February 02 top, as it closed a 4H candle today above the 4H MA50 (blue trend-line) for the first time since the top! By doing so it also broke above the Falling Wedge pattern of the past two

Since early last year, we have been following a certain buy low/ sell high approach on Silver (XAGUSD) after we identified that it has been trading inside a 2-year Channel Down: We most recently turned bearish again on precisely the right time on our previous January 31 sell call: Right now however, with the price

11 days ago we took the best possible sell entry we could have as we shorted the exact top, calling for the best sell opportunity since December: Right now the price is on a strong rebound, slightly higher than Support 1 (73.25) but with the 1D RSI on a confirmed reversal within its range. If

Gold (XAUUSD) is about to test the 1W MA50 (yellow trend-line) after breaking the 0.382 Fibonacci retracement level. Following the sell signal we gave last week, with the 4H MA50 (red trend-line) as Resistance/ entry point, we are starting to turn bullish on Gold after a long time. The 1D RSI is very close to

WTI Oil (USOIL) has been rising within the short-term Channel Up as presented on our analysis last week: As previously mentioned, since December 12, WTI hasn’t closed below the 72.40 Support or above the 83.30 Resistance. That keeps the price ranged and recurring patterns emerge. One of those is the current Channel Up which is

Our previous WTI Oil (USOIL) signal couldn’t have gone any better as the bearish reversal was confirmed and we took the sell: Following the rebound however after the (marginal) fake-out just below the 72.40 Support, we see the medium-term scene turning neutral. The reason is that since December 12, so effectively in the past 2

Silver (XAGUSD) couldn’t have gone better since our September 12 buy signal as following the Lower Lows Double Bottom, it not only broke above the 1D MA50 (blue trend-line) and 1D MA200 ( orange trend-line), but also made a new Extreme High on the 1.382 Fibonacci extension . As you see, we’ve charted Silver’s pattern