Gold Daily Video, 17 February, 2016

[Sive Morten]

Good morning,

Gold right now behaves rather logical. We still stand on expectation of 2-leg retracement down within 1-2 weeks:



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 think also other reasons why HSBC have decided to stay in London. The World HQ of the Trades in Yuan Currency will also be based in London! I think they 'did a deal' when the President visited a couple of months ago!??