Sive Morten
Special Consultant to the FPA
- Messages
- 18,673
Good morning,
Gold yesterday has completed our major target around 1300-1302 area. As upside retracement could continue, it is not time yet to go short. Scalp longs are possible on intraday charts, as first entry was based on our butterfly. Second entry will demand additional bullish pattern that we do not have yet in place:
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 yesterday has completed our major target around 1300-1302 area. As upside retracement could continue, it is not time yet to go short. Scalp longs are possible on intraday charts, as first entry was based on our butterfly. Second entry will demand additional bullish pattern that we do not have yet in place:
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.
