ARTICLE SYNOPSIS...Expanding diagonal formations often show up on the price chart after a substantial price rally or at the end of a correction and are known as ending formations that signal a forthcoming reversal in trend.
ARTICLE SYNOPSIS...After gold's big breakout in the summer and the recent bullish consolidation, I have been drawn to gold miners, and one that has caught my attention now is called Newmont Goldcorp Corp (NEM), which has broken out.
ARTICLE SYNOPSIS...The gold trust shares have had an incredible run since mid-August, but is there still future upside potential? The answer lies in its trendline.
ARTICLE SYNOPSIS...Through the use of Elliott wave theory, we can see that the market trend for gold has clearly reversed from one of bullishness to one of bearishness.