Gold Daily Video, 15 June, 2017

[Sive Morten]

Good morning,

Gold mostly has completed our setup for the week. Now we're watching for second stage - downward continuation to 1245-1250 area:



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.

 

[Major_Tom]

Thanks

 

[Sayed Haider]

Mr Sive Morten. Thanks for your classic analysis on Gold June 15, 2017 Market exactly moved as you have described. Its really source of inspiration. Are we really heading towards the major trendline passing through 1228 area? Please comment.

 

[Sive Morten]

Mr Sive Morten. Thanks for your classic analysis on Gold June 15, 2017 Market exactly moved as you have described. Its really source of inspiration. Are we really heading towards the major trendline passing through 1228 area? Please comment.

Hi Sayed,
To be honest, I do not know yet. Currently my mind is busy with 1245-1250 area. While gold has not broken yet this area, it is very difficult to talk on 1228...