Gold Daily Video, August 15,2016

[Sive Morten]

Good morning,

Gold still stands in tight range so, currently we could discuss only some tactical issues:



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.

 

[Brett Reynolds]

Waiting for good opportunity to take long position now. Gold has bottomed it seems. 12 or 1250 would be perfect as this would look nice on weekly/monthly H&S..