Sive Morten
Special Consultant to the FPA
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Good morning,
Gold market right now stands at the edge, since price has reached 1280 area. Thus, either upward bounce will start right here or it will not start at all. Bearish dynamic pressure has become clearer on daily chart:
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 market right now stands at the edge, since price has reached 1280 area. Thus, either upward bounce will start right here or it will not start at all. Bearish dynamic pressure has become clearer on daily chart:
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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