Jordan Roy-Byrne CMT, MFTA

Posted on

Gold Stocks Reverse at Resistance Targets

Two weeks ago, regarding the miners we wrote: If it (GDXJ) surpasses its 80-week moving average then its next target is $27-$28. Meanwhile, GDX is holding above previous resistance at $18. Its next strong resistance targets are $21 and $22. Earlier today GDX and GDXJ came within pennies of $21 and $29 respectively while Gold … Continue reading

Posted on

Video: Negative Real Rates, Investment Demand & GLD

Negative real rates drives investment demand which drives Gold. Some highly regarded voices in the industry are talking about this. We also talk about it in our book. TheDailyGold.com/Book.

Posted on

US Dollar Rebound Increases Near-Term Risk

Last week we noted that the odds favored more upside in precious metals before a larger correction would begin. While that view remains on track, we want to note the renewed strength in the US Dollar which could provide immediate resistance to higher levels in Gold and gold stocks. The chart below plots the weekly … Continue reading

  • As seen on: