Gold Daily Video, 30 May, 2017

Sive Morten

Special Consultant to the FPA
Messages
18,676
Good morning,

Retracement probably will happen on gold market, but while we're waiting for it, we could pay attention to hourly butterfly pattern:





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.
 
Firt trade on gold's butterfly is closed as 0.382 retracement target has been met:
GOLDH1.png
 
Back
Top