Gold Daily Video, 17 February, 2017

Sive Morten

Special Consultant to the FPA
Messages
18,648
Good morning,

Gold is coiling around previous top on daily chart. Today price probably will show some retracement down as we expect to see butterfly that will be the driving pattern to 1255 destination point:




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.
 
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