Sive Morten
Special Consultant to the FPA
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- 18,872
Good morning,
Gold was hurt yesterday by easing in tariffs tensions and good ADP numbers - we expect that downside action could continue till the end the week. But, it doesn't mean that bullish context on daily chart has been broken totally. Gold still keeps chances on reversal, but from lower levels:
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 was hurt yesterday by easing in tariffs tensions and good ADP numbers - we expect that downside action could continue till the end the week. But, it doesn't mean that bullish context on daily chart has been broken totally. Gold still keeps chances on reversal, but from lower levels:
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.
