Sive Morten
Special Consultant to the FPA
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Good morning,
Gold still stands at daily support area and our 3-Drive "Buy" pattern starts to work. Still, we do not expect any significant upside action now. Chances that upside potential is limited by minimal target @1295 looks significant.
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 still stands at daily support area and our 3-Drive "Buy" pattern starts to work. Still, we do not expect any significant upside action now. Chances that upside potential is limited by minimal target @1295 looks significant.
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.