Gold Gold daily video, February 20, 2019

[Sive Morten]

Good morning,

Gold has hit major 1330 target and now we're watching for reaction:



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.

 

[Brett Reynolds]

Got to wait for decent pullback. Looks like Reverse H&S on Monthly upper border Neckline is around 1380..so if we get pullback today from current levels then that could be excellent opportunity to 'go long' in Anticipation of Breakout.!? The 1337 area was an 'initial' area of Resistance..(just an area)..and it could come into effect today..if FOMC makes the call.!?