Gold Daily Video, 12 April, 2016

[Sive Morten]

Good morning,

Gold has reached our 1260 level very fast. So TOD-TOM we should get the clarity of next direction:




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]

I am hearing about emergency meetings with the Fed !? Silver is on the move too! Great looking inverted weekly H&S pattern on Silver..with neckline at 1610 which was a level i mentioned several weeks ago. It looks like it going through that level right now!?