GOLD: bearish reversal pattern   Ichimoku Cloud bearish; ADX and DI bearish; RSI bearish.   The price of GOLD performed a classic breakthrough action, turned back to previously breached resistance (former support, Ichimoku Cloud’s bottom band), and completed the bearish…

GOLD: bearish retracement   Williams Alligator bullish; MACD reversed; Williams Percent Range bearish.   The price of Gold tested the psychological round-figure level at $2000 per ounce, failed to break it through, and began a bearish retracement phase. The intraday…

WTI Crude Oil: deeper rebound expected   Williams Alligator bullish; MACD bullish; Williams Percent Range overbought.   The price of WTI Crude Oil is in a bullish rebound mode, although some of the indicators point to a reversal pattern. The…

WTI Crude Oil: bullish reversal pattern   Ichimoku Cloud reversed; ADX and DI bullish; RSI bullish.   The price of WTI Crude Oil completed a bullish reversal pattern on the four-hour timeframe (see the chart setup below). The Ichimoku Cloud…