Gold Daily Video, August 18, 2014

Sive Morten

Special Consultant to the FPA
Messages
18,809
Good morning,

gold has accomplished all our conditions for upward continuation. Thus, now we stand at moment when we have to make final decision whether to trade weekly bullish patterns or not. So does gold - currently it has to either confirm patterns and move up or fail and turn to some significant drop probably:





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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