Jordan Roy-Byrne CMT, MFTA

Gold has successfully tested its 150-day moving average roughly three months before every major breakout. In recent weeks, Gold tested its 150-day moving average. We cover the history in this video. Click Here to Learn About TheDailyGold Premium

The advance decline line as of the start of the week was showing a positive divergence. There was a similar positive divergence in the advance decline line at the October 2022 and March 2023 lows in gold stocks. The Gold/Silver ratio has had a little breakdown below a rising trendline. Silver could test $26 if … Continue reading

I have written and spoken about the importance of a yield curve steepening for Gold, which would be triggered by a recession and bear market that leads to a plunge in short-term yields. However, I neglected to mention the curve can also steepen because long-term yields rise faster than short-term yields. Inflation indicators, including long-term … Continue reading

There may be no better time to take stock of Gold and Silver technicals after a weekly, monthly, and quarterly close on the same day.   Precious Metals have been correcting for nearly two months and have struggled as capital has flowed out of bonds and into equities. That means a tighter Fed and … Continue reading

In terms of technical analysis, Gold Bears are throwing shit against the wall to see if it sticks. First, Gold made a triple top. Now it could be forming a head and shoulders reversal pattern. In this video I explain head and shoulder reversal patterns and why Gold has not formed one. I also opine … Continue reading

A week ago we thought the precious metals sector and miners in particular were setting up for a bounce. The sector traded lower to start last week but closed the week with a powerful reversal. Gold rebounded from $1900 support and its 150-day moving average while Silver held $22 and its 200-day moving average. In … Continue reading

The goldilocks market could morph into a bout of inflation before a downturn and liquidation says Gary Tanashian, editor and publisher of https://nftrh.com/.