Gold Daily Video, 18 May, 2017

[Sive Morten]

Good morning,

Pattern that we've discussed finally has been formed, but it is not quite ordinary, thus, trading process will have some nuances:



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.

 

[Salahuddin Shukri]

Hi there. I like your moving average. What is the setting you use sir?

 

[Sive Morten]

Hi there. I like your moving average. What is the setting you use sir?

This is 3-period SMA, shifted forward for 3 periods. It calls 3x3 Displaced MA (DMA).

 

[Sayed Haider]

Hi friends. Today a very short message . Market is changing everyday. The trump political circus is at height and market is playing a roller coaster game with the changing situations. Today US Dollar seems rising again target should be 112.50 where as Gold will take a dip and the target is 1236 Happy trading and regards

 

[Sayed Haider]

sorry a small correction. By USD I mean usd/jpy and the target to follow is 112.50 Regards