EURCAD finally completed ABCD pattern in daily timeframe: I expect it now to retrace a little bit and the target would be 1.3600 at 38.2 fibo retracement, but the ...

Silver hit a low of 29.12 last Friday, reaching an ABCD pattern target before beginning a bounce from support levels on Monday.

Natural gas exceeded its first target today at the completion of a rising ABCD pattern. The high for Tuesday is 2.09 and the pattern target was 2.07. Resistance was ...

Last Friday silver retraced to a low of 29.12 to reach an extended downside target of 29.15 from a declining ABCD pattern. During Friday’s decline the prior ...

Gold’s narrowing range and breakout potential suggest rising volatility ahead, with a sustained move above $3,451 targeting Fibonacci and ABCD projection levels.

However, a move below 6990 BEFORE a move above 7951 would trigger two ABCD technical patterns with shallow retracements making them bearish. They would create two minimum downside target zones.

"Notably, drawdowns have been limited to 20 per cent, and the potential formation of the Harmonic ABCD pattern suggests the likelihood of a short-term recovery in the stock," it said.