Gold Daily Video, January 23, 2015

Sive Morten

Special Consultant to the FPA
Messages
18,695
Good morning,

Yesterday ECB meeting was supportive for gold and pushed it again to 1300 area. Still market has chance to start retracement down with potential target around 1252 and we will be watchig for this oportunity:



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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Well..i have been waiting for retracement 'all week'! I think 'Blofeld' and Goldfinger have conspired with the SNB to just keep 'Buying the Gold'!!
 
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