Gold Daily Video, 03 February, 2017

Sive Morten

Special Consultant to the FPA
Messages
18,679
Good morning,

Gold is forming bearish setup on daily chart, but there are still some question how action to 1160 area will start. That's why it would be better to wait for NFP numbers and do not hurry with taking position:




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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