Gold Gold Daily Video, May 31, 2019

[Sive Morten]

Good morning,

Gold turns back to upside action on background of D. Trump statement on tariffs against Mexico:



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]

I will wait and look for retracement to around 1290 area ideally for 'Long entry' next week..!

 

[Sive Morten]

I will wait and look for retracement to around 1290 area ideally for 'Long entry' next week..!

May be... if this is really upside reversal already... I'm still worry on 1255-1260 major targets. It seems that 1306 is our indicate resistance.