Sive Morten
Special Consultant to the FPA
- Messages
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Good morning,
Gold has broken "Buy" mode on daily chart. It means that we can't go long at intraday supports any more and should wait for more valuable reversal signs. Currently chances on deeper drop are better than on immediate upside reversal:
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.
Gold has broken "Buy" mode on daily chart. It means that we can't go long at intraday supports any more and should wait for more valuable reversal signs. Currently chances on deeper drop are better than on immediate upside reversal:
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.
