Bullish continuation patterns are chart formations that suggest an ongoing uptrend is likely to resume after a brief consolidation period. These patterns provide insights into the sector sentiment and the potential strength of the buyers. Some commonly observed bullish continuation candlestick patterns include: Bullish Engulfing Pattern: A small bearish candle followed by a larger bullish … Read more
While dovish indications of the Fed’s rate cuts, geopolitical unrest, and China’s strong appetite for physical gold offer support, the sector anticipates new drivers to spur movement. Will the 11 speeches from Fed officials this week yield any fresh insights? And as we approach next Wednesday’s release of April US CPI data, what cues might … Read more
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