GOLD Daily Video, October 08, 2013

[Sive Morten]

Good morning,
our bearish stop grabber has been destroyed by price action, but somehow I'm not very fascinating with idea to take long position:





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.

 

[paul.seldon]

Question regarding the image attached.

I happened to obtain this image but the author isn't responding for my question so
I have no choice but to turn to the nicest teacher in the world, Sive


Is this chart produced only of XAU.USD during Asian Market
and cut out other time? So, there are gaps?
How this chart produced?

Thanks in advance ~

 

[Sive Morten]

I happened to obtain this image but the author isn't responding for my question so
I have no choice but to turn to the nicest teacher in the world, Sive
View attachment 11597

Is this chart produced only of XAU.USD during Asian Market
and cut out other time? So, there are gaps?
How this chart produced?

Thanks in advance ~

Hi this is simple. Gaps are space between trading sessions, probably from one of Asian exchanges. This is normal for commodities to show a lot of gaps. You may take a look at any Pit session on CME. You'll find a lot of them. Many markets do not trade at 24/5