Gold Daily Video, 14 April, 2017

[Sive Morten]

Good morning,

Gold market is closed today. But overall picture looks promising, as price has broken all major levels on a way to previous 1375 top:



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]

Despite strong OIL & UST gold kept climbing and broke resistance. I would not be surprised if we see an acceleration to the upside in the coming 2 weeks ( timing this is difficult as there is much uncertainty in the markets right now).