Gold Daily Video, 07 March, 2016

Sive Morten

Special Consultant to the FPA
Messages
18,732
Good morning,

Current situation lets gold to move slightly higher, say to 1285 or even 1300 area, but hardly higher. Gold right now is ready for meaningful retracement on daily chart and already forms patterns that could trigger it:




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.
 
Good morning,

Current situation lets gold to move slightly higher, say to 1285 or even 1300 area, but hardly higher. Gold right now is ready for meaningful retracement on daily chart and already forms patterns that could trigger it:




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.

Thankyou, great report, much appreciated
 
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