Sive Morten
Special Consultant to the FPA
- Messages
- 18,644
Good morning,
Looks like wash out of speculative positions has started and should last considerable period of time which, in turn should lead gold to deep retracement. In short-term perspective though, we will watch for minor bounce up:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Looks like wash out of speculative positions has started and should last considerable period of time which, in turn should lead gold to deep retracement. In short-term perspective though, we will watch for minor bounce up:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
