Gold Daily Video, June 07, 2013

[Sive Morten]

Good morning,
yesterday upward action has not broken overall situation on daily. From the daily perspective we probably still need more confidence, that we could get if market will pass through 1380, but yesterday's move up has formed Butterfly "Sell" on hourly chart with W&R of previous tops. Thus, we can't exclude that move down could start by this pattern:





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.

 

[4winbyforex]

Dear Sive,

First of all thank you for your great effort.
i am trading mainly on gold. your time to updates are very helpful to me. every day before taking any new positions on gold , i will check my email for any updates from your side. I am getting nice profits by taking your views on gold.

thank you.. keep sharing you valuable views...

 

[urdivine]

Hi Sive, thanks again for all of your work, for us.

I have a favor to ask.

Would you go back to using the video format you use to use?
The one with the progress bar on the bottom where we could
grab it with the mouse and pull it back to a certain amount of
time to hear that part of the video again.