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Gold Daily Video, 11 January 2017

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Jan 11, 2017.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,

    On gold market we expect reaching of 1204 target. Also, as this level is very stuitable for downward reversal - we wil watch for patterns there:




    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.
     
    tatiana and leo4fx like this.
  2. leo4fx

    leo4fx Recruit

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    Thanks I always watch your analysis and add a bit of my own. My fav indicators also show downward chances. But the main trend indicator is showing a long signal since yesterday (on the GDX chart). In 2 weeks I’ll be expecting a bottom. If the long signal still valid i will notify else I’ll humbly fold and join you in a short trade ;)
     
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