Gold daily video, May 30, 2018

Sive Morten

Special Consultant to the FPA
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18,739
Good morning,

Our basic target on gold market has been reached. Chances on upside continuation to 1320 exist but they are less compares to re-establishing of bear trend. Upside action demands additional driving factors that we do not have right now:



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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