Gold Daily Video, 10 November, 2016

[Sive Morten]

Good morning,

As short-term reaction on elections' result is over, now we need to understand whether bearish trend is still valid or not:



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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Good morning Sive, please two words on Aud/Usd, thanks you very much.

 

[Sive Morten]

Good morning Sive, please two words on Aud/Usd, thanks you very much.

Situation still stands the same, volatility has grown a bit, but AUD keeps higher lows tendency, so all that we've said in weekly research is still valid. It just has not shown yet strong progress with our scenario as EUR does.