GOLD Daily Video, October 03, 2013

[Sive Morten]

Good morning,
situation on gold is very similar to EUR and probably to many other markets, since most markets now are driven by fear. So, the major moves still stand ahead probably:





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.

 

[USDFX]

Is daily H&S still in play?

Sive; great analysis I always enjoy your work. I have a question; Isn't the daily H&S still in play? Although we had the stop grabber to eliminate the butterfly, is the neckline still intact or is the H&S eliminated as well? Thanks again! Michael