GOLD Daily Video, October 01, 2013

[Sive Morten]

Good morning,
As reaction still anemic on gold market, doom and gloom probably still ahead:




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.

 

[MeLasz]

The stopgrabber has reached its target. But do You agree, that the forming of this pattern can depend on the brokers server time? On my chart there was no sg.

 

[Sive Morten]

The stopgrabber has reached its target. But do You agree, that the forming of this pattern can depend on the brokers server time? On my chart there was no sg.
View attachment 11442

Yes, if we speak about CFD's. But no, if we're dealing with futures. Thus, it's always better to check on futures, whether we have grabber or not.