Sive Morten
Special Consultant to the FPA
- Messages
- 18,875
Good morning,
Gold is forming almost perfect 3-Drive "Buy" pattern on 1H, but it totally will depend on today's GDP release. As overall context is bearish - think twice before take long position based on it:
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 is forming almost perfect 3-Drive "Buy" pattern on 1H, but it totally will depend on today's GDP release. As overall context is bearish - think twice before take long position based on it:
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.
