Gold Daily Video, 08 December 2016

[Sive Morten]

Good morning,

Gold market does not show anything impressive by far, but on intraday charts we have some changes and need to see what will happen:





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.

 

[leo4fx]

It looks like the double REPO triggered on the USDJPY too. It looks like the dollar run has ended and the direction has reversed as I see similar charts on other usd crosses