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Natural Gas Price Forecast

Natural gas markets went sideways during most of the session on Tuesday as traders continue to adjust to the reality of life at 224 in this contract. There are a couple of areas that I am paying attention to currently, as we are sitting just above one of them. Natural...

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Gold Price Forecast

Gold markets broke out during the day on Tuesday, slicing through the 30926 level like it wasn’t even there. That’s a pretty impressive sign, and it looks as if the market is going to continue to go higher based upon what we have seen. The Gold markets broke above the...

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Crude Oil Price Forecast

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Thursday as both professional and speculative buyers continue to be driven by expectations of a shortfall in global supply once U.S. sanctions against major crude...

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RECTANGLE PATTERN

If two horizontal lines surround a retracement, it is a Rectangle chart pattern. Both the bullish and bearish Rectangle patterns looks the same. However, they appear in different trend context. A Rectangle chart pattern indicates sideways action. When the market...

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DOUBLE TOP / DOUBLE BOTTOM

DOUBLE TOP / BOTTOM PATTERN The flag stock chart pattern forms through a rectangle. The rectangle develops from two trendlines which form the support and resistance until the price breaks out. The flag will have sloping trendlines, and the slope should move in the...

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