Gold Gold Daily Video, May 17, 2019

Sive Morten

Special Consultant to the FPA
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18,630
Good morning,

Gold shows overextended drop for suggested bullish context, which means that equilibrium turns in favor of bears. It means that now we stand aside from any long positions:



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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