Gold Daily Video, 11 August 2017

[Sive Morten]

Good morning,

Gold has done another small step up and now price stands very close to break equilibrium. On intraday charts we could watch for DiNapoli direction patterns - either B&B or DRPO as overall thrust up looks nice:



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.

 

[Brett Reynolds]

Technical picture is very Bullish. Been looking for opportunity to 'get long' after last month Bullish Bar but i didn't see anything yet...and with all this North Korea Crap going on it makes it difficult!

 

[Alanpraiser]

Thank you Sive