Gold Gold daily video, October 30, 2018

[Sive Morten]

Good morning,

Gold keeps bullish sentiment, so retracement develops very slowly and makes risky any attempt to go short 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.

 

[Brett Reynolds]

I remember in January 2016..we also had 'Double Repo' on Monthly chart. You mentioned it back then..in one of your videos. With this in mind..i am being careful this time around...Trailing stops etc..and waiting for market to clear key Horizontal levels on Daily & weekly charts on both Dow and S&P.! There could still be a Buying opportunity..!?