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Gold Gold Daily Video, August 06, 2019

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Aug 6, 2019.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,

    Our 3-Drive pattern stands in place and situation is more tricky than it seems:



    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.
     
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  2. minimax

    minimax 2nd Lieutenant

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    I expect Silver to hit 38,2 and Gold to hit 50% at same time, very soon
     

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  3. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Interesting, yes it should be retracement, but somehow it can't get started.
     
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  4. minimax

    minimax 2nd Lieutenant

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    Yes, we got theoreticaliy uncompleted cypher with 1491 but could also be HH, W&R is possible or 1st butterfly to South
     

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  5. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Yeah, and weekly 1493 butterfly as well... So it seems that 1450-1500 is our "control" area.
     

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