Sive Morten
Special Consultant to the FPA
- Messages
- 18,695
Good morning,
Gold has reached our 1245 target, but action looks heavy, and it seems that after some relief, price could drop to 1222-1224 area. At least currently we do not see any context to go long on daily chart:
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.
Gold has reached our 1245 target, but action looks heavy, and it seems that after some relief, price could drop to 1222-1224 area. At least currently we do not see any context to go long on daily chart:
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.