Sive Morten
Special Consultant to the FPA
- Messages
- 18,748
Good morning,
Gold mostly shows the same intraday setup as FX market and it is based not on gold action per se, but on USD dynamic. Although price could move slightly higher within 1-3 sessions, but there are good odds still that downside action will continue in second half of next week:
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 mostly shows the same intraday setup as FX market and it is based not on gold action per se, but on USD dynamic. Although price could move slightly higher within 1-3 sessions, but there are good odds still that downside action will continue in second half of next week:
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.
