Sive Morten
Special Consultant to the FPA
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Good morning,
gold has shown significant plunge yesterday and is approaching to our short-term target. Be careful with pointing too extended target down due oversold on higher time frames. 1300-1320 looks like acceptable level for profit taking:
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 has shown significant plunge yesterday and is approaching to our short-term target. Be careful with pointing too extended target down due oversold on higher time frames. 1300-1320 looks like acceptable level for profit taking:
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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