Gold Daily Video, 21 June, 2017

Sive Morten

Special Consultant to the FPA
Messages
18,685
Good morning,

Gold shows anemic reaction on strong daily support area. Still, at least minor retracement to 1247-1250 area is possible:




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.
 
Crude oil (Brent and WTI) moving towards our target. I hope you have enjoyed this trade setup.
Brent is trading at 45 and WTI at 42.60 I believe that Brent and WTI at the end of current week should meet the downward sloppy tred line Brent at 42.50 and WTI at 40.50 Wish all the best.
 
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