Gold Daily Video, August 12, 2014

[Sive Morten]

Good morning,

Today we will discuss whether it will be deeper retracement on gold or not and how to deal with 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.

 

[jon007an]

hello sive,
i guess you didn't get my last mail.
just to remind you ,
i askd, hw much long do you think eur and chf are gonna dipp,
and to be precise, what level point do you think will be the best point of entry.

 

[Sive Morten]

hello sive,
i guess you didn't get my last mail.
just to remind you ,
i askd, hw much long do you think eur and chf are gonna dipp,
and to be precise, what level point do you think will be the best point of entry.

Hi,
I'm not a prophet, buddy . Besides your questions demand to know - on what time frame. Currently we expect bounce on EUR in short term, but on long term we're bearish. Probably EUR has chance to reach at least YPS1. Where is better to enter? If we will get bounce on daily - then, probably we can use this rally for taking position down...