Gold daily video, October 18, 2017

[Sive Morten]

Good morning,

Price action stands in a row with our scenario, thus we will make just minor update here:



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.

 

[Rabul]

If you make AB=CD from top around 1357 you'll get D at 1215.

Also note gold broke the channel down today.

 

[Pakito99]

Thank you!