Sive Morten
Special Consultant to the FPA
- Messages
- 18,875
Good morning,
Gold shows rather deep retracement which is not good for bullish scenario. Now market is coming to the last bullish outpost around 1319. Failure to reverse there will change daily context into bearish:
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 rather deep retracement which is not good for bullish scenario. Now market is coming to the last bullish outpost around 1319. Failure to reverse there will change daily context into bearish:
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.