Sive Morten
Special Consultant to the FPA
- Messages
- 18,690
Good morning,
We expect that gold will continue action higher in medium-term perspective, at least 1255 target is visible right now. But today market stands very close to strong resistance and some technical bounce down for 10-12$ is possible:
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.
We expect that gold will continue action higher in medium-term perspective, at least 1255 target is visible right now. But today market stands very close to strong resistance and some technical bounce down for 10-12$ is possible:
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.
