Gold Gold Daily Video, June 05, 2019

Sive Morten

Special Consultant to the FPA
Good morning,

Gold shows anemic reaction on overbought yesterday, but for the truth sake - XOP has not been hit yet. Today it is. If market shows no reaction - the shape of price action will change:

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.