Gold Daily Video, 21 April, 2017

Sive Morten

Special Consultant to the FPA
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18,752
Good morning,

Gold shows slow action today and stands in retracement that we've discussed. Currently we see some signs that it indeed could reach a bit deeper levels of 1260-1265 area, but as it will be over upside trend should continue:




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.
 
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