Gold Daily Video, May 27, 2014

[Sive Morten]

Good morning,
As new week has started and tension around Ukraine have eased - gold turns down:





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.

 

[balanel68]

Hi Sive,

We have 3 drive buy on gold beside butterfly buy? On 4 H chart look more clear....

 

[Sive Morten]

Yes, it could be.
Butterfly could become a part of 3-Drive. It happens rather often