Sive Morten
Special Consultant to the FPA
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Good morning,
Gold market still develops reversal patterns on intraday charts, but bigger price action will depend on whether price turn down again at the target of H&S or not. Other words will H&S become just retracement or put foundation for further upward continuation:
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 market still develops reversal patterns on intraday charts, but bigger price action will depend on whether price turn down again at the target of H&S or not. Other words will H&S become just retracement or put foundation for further upward continuation:
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.
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