Gold Daily Video, April 23, 2013

[Sive Morten]

Good morning,
short-term bearish context is continue to form on gold market, but as usual - it is not quite simple to interpret it:


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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.

 

[josiahemmy]

Sive morten, you are too much!

 

[josiahemmy]

Dear Sive,

I will really like to know what you use to calculate Overbought and Oversold conditions. In the FMS, you talked about DOSC, Bollinger Bands and RSI, but am not exactly clear on how your do that. Do you have some Joe DiNapoli's indicators specific for this purpose?

Thanks for all you've done for me as a forex trader. I dedicate my 3-year success in the forex market to you.