Gold Daily Video, 19 February, 2016

[Sive Morten]

Good morning,

despite yesterday's rally - downward retracement is not done yet:




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]

Hmm..? While everybody is banking on this retracement i had a level marked at 12.90. I did mention a few weeks ago that we had 'Morning Star' on Monthly right!? But...even i did not think it could reach it within one month...but maybe it will..?? It's interesting because i am also tracking Silver...and i have a level at 16.10 which is not yet touched also!?
Look guys...Reverse H&S on the weekly with 1150 area for the neckline..!??