Gold Daily Video, 30 January 2017

[Sive Morten]

Good morning,

On gold market we continue our work with upside retracement swing. As coming week will generate a lot of events, statistics, activity could grow:




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.

 

[Rabul]

Sive thanks.
What should we expect after reaching 1160 area? Upward continuation or some kind of consolidation or something else?
Silver is very eager to continue to go up, it's close to channel border.