Gold daily Video July 07, 2015

Sive Morten

Special Consultant to the FPA
Messages
18,673
Good morning,

Gold was not able to pass through resistance and forms patterns that point on 1150 target in short-term perspective:





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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I totally disagree that Gold will go down to USD$1150 - with total lack of confidence in every forex currency pair ,Gold should only go higher and higher .
I say Gold will go up to and beyond USD$2000 sooner or later ,well before the next Olympic games .
 
amazing analysis
the prediction was spot when looking back at the charts from this week!
many thanks
 
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