Gold daily video, August 07, 2015

Sive Morten

Special Consultant to the FPA
Messages
18,690
Good morning,

Gold still is forming daily pennant pattern, that technically look bearish. But obviously further direction, at least in short-term perspective, will depend on NFP data:




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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