Gold Daily Video, 27 April, 2017

[Sive Morten]

Good morning,

Gold action is rather quiet as no new geopolitical news were released. As price doesn't show yet any signs of reversal, we're watching for deeper intraday targets:



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]

The news has been overly positive lately thereby talking stocks up and gold down. Yet UST and Oil are declining thus gold does not have a lot room to go lower.
My fav indicator just crossed, signalling a BUY signal for what it is worth. I bought some stock options n the GLD tracker let's see what happens