Sive Morten
Special Consultant to the FPA
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Good morning,
gold also stands inside of consolidation that looks like triangle pattern. Hardly we will get breakout till FOMC meeting, but some short-term setups are possible. For example as Butterfly "Buy" on hourly chart:
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.
gold also stands inside of consolidation that looks like triangle pattern. Hardly we will get breakout till FOMC meeting, but some short-term setups are possible. For example as Butterfly "Buy" on hourly chart:
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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