Gold Daily Video, 06 June, 2017

[Sive Morten]

Good morning,

New turmoil on Middle East pushes gold higher, currently we're looking for 1300 and 1330 targets. If retracement will happen (if any), it probably will be shy:



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.

 

[Sayed Haider]

Hi friends. I am glad Gold is performing as we discussed earliar. ABCD pattern is in progression.
We are going towards D which is lying at 1296 and if it get the extention then most likely towards 1330.
Similarly usd/jpy is also moving towards our target which is 108.50 first and then towards 107 and below.
Thanks and Regards