Gold Gold Daily Video, September 11, 2019

Sive Morten

Special Consultant to the FPA
Messages
13,537
Good morning,

Although our minimal target of 1502 was achieved yesterday, market shows too slow and limited reaction on support, which makes us think that another drop should happen before major retracement up will start:




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.
 

ED SCHAFFER

Corporal
Messages
72
I like your $1,473 target area for long position taking. Good analysis in video of current weak price recovery action in response to last price drop from $1,555. Hence either an ABC corrective wave is unfolding or else a full 5 wave impulse in reverse direction. Time will tell. Cheerio.
 
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