Gold Daily Video, March 30, 2015

[Sive Morten]

Good morning,

Although fundamentally current move up has weak foundation, it still could continue. Our task right now is to catch the moment when retracement will over:





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.

 

[csc2009]

Excellent analysis, thanks again Sive.

 

[mohan02]

Hi Sive,

I was looking at USDCAD weekly and I see a potential double repo if we close below this week.

Do you have any comments on the validity of this setup?

Thank you and regards/

 

[Sive Morten]

Hi Sive,

I was looking at USDCAD weekly and I see a potential double repo if we close below this week.

Do you have any comments on the validity of this setup?

Thank you and regards/

Hi,
Yes, we also are waiting it for 2 weeks already but it has not been confirmed yet...