Sive Morten
Special Consultant to the FPA
- Messages
- 18,655
Good morning,
Gold shows positive mood, supported by political factors. This is as great support but also is a great risk as it could change for 180 degrees in a blink of an eye. Technically, market stands at overbought and our trading plan suggests at least some minor pullback before upside continuation:
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 shows positive mood, supported by political factors. This is as great support but also is a great risk as it could change for 180 degrees in a blink of an eye. Technically, market stands at overbought and our trading plan suggests at least some minor pullback before upside continuation:
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.
