Gold reached a record $2,887 before reversing, forming a bearish pattern that may signal a retracement towards support near ...

What is your sentiment on Bloomberg Gold?

This blog will guide you through the essential concepts of reading candlesticks, including a brief history, key patterns, and their implications for market sentiment. Understanding these patterns ...

Gold’s bullish run reached 2,817 before retreating, forming a potential bearish one-day reversal pattern, with key support levels at 2,731, 2,717, and 2,672 in focus.

Bullish candlestick patterns' appearance on the price chart indicates buyers' dominance in the market, which means that demand for an asset outweighs supply. As a result, the price will highly likely ...

Bullish Rising Three Method It is a continuation candlestick pattern. It is ideally a five candle pattern in which second, third, and fourth candles are opposite in color of the first candle.

This indicates that the asset’s price rose. These candlestick charts form several patterns. Depending on the shape, colour and size of the candlestick, traders take positions or make changes in ...