Tag Archives: technical analysis

There are a number of different ways to look at what has been happening with the price of gold and silver of late and to anticipate what is in store for them next. One of the most unique ways of assessing past, present and future movement is by taking a look at their "Three Peaks and the Domed House" and "Bump and Run" chart patterns. In deed, the "Three Peaks" pattern suggests that gold has peaked and will now decline by 17% to $1,290 per ozt. in June. Let me explain. Words: 835

U.S. stocks could sink by more than 20 percent if the neckline of a head-and-shoulders pattern on the Dow Jones Industrial Average is breached, according to Robert Prechter’s Elliott Wave International Inc. Words: 524