Sive Morten
Special Consultant to the FPA
- Messages
- 18,681
Good morning,
Gold is coiling around 1225 support right now but it still keeps theoretical chances to reach 1240 area. Anyway, overall situation suggests deeper retracement within couple of weeks:
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.
Gold is coiling around 1225 support right now but it still keeps theoretical chances to reach 1240 area. Anyway, overall situation suggests deeper retracement within couple of weeks:
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.