Gold daily video, May 18, 2018

Sive Morten

Special Consultant to the FPA
Messages
18,648
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.
 
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