Sive Morten
Special Consultant to the FPA
- Messages
- 18,699
Good morning,
Although gold still stands around 1060 support and even has formed butterfly pattern there - price looks heavy and currently it would be better to avoid long position:
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.
Although gold still stands around 1060 support and even has formed butterfly pattern there - price looks heavy and currently it would be better to avoid long position:
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.