Gold Daily Video, 12 May, 2017

Sive Morten

Special Consultant to the FPA
Messages
18,685
Good morning,

It seems that investors temporary have lost interest to gold market. Action is rather lazy there.
Thus, we think that it would be better to wait clear setup on daily chart that could be formed next week:





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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