Sive Morten
Special Consultant to the FPA
- Messages
- 18,690
Good morning,
Gold right now shows minor bounce, but no patterns have been formed yet. We suspect that it is too early for retracement starting and it should start from lower levels, at least somewhere around 1316 daily Fib support:
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.
Gold right now shows minor bounce, but no patterns have been formed yet. We suspect that it is too early for retracement starting and it should start from lower levels, at least somewhere around 1316 daily Fib support:
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.
