Jordan Roy-Byrne CMT, MFTA

In the very short-term Gold and Silver are getting oversold and approaching support levels at $1900 Gold and $22.00 Silver. Our hope is for a very strong rebound from that support. If that does not transpire, then the medium term risk is in play. Click Here to Learn About TheDailyGold Premium

From a contrary perspective, the lack of bullish sentiment and interest in the precious metals sector is bullish. However, for Gold to begin a real bull market and bust through $2100, there will need to be a big increase in bullish sentiment, which is indicative of new buyers and a new bull market. Click Here … Continue reading

The technicals for precious metals were looking positive at the end of July, but since then, the bears have driven the sector lower as the US Dollar has rebounded.    In stepping away from the short-term, we see that the secular trend has yet to change.    The S&P 500 has gained momentum after … Continue reading

Gold and Silver are both trading between support and resistance. The weak price action since the tail end of July leads one to think there should be a downside bias. At the same time, there has been 10 consecutive weeks of outflows from Gold funds. Click Here to Learn About TheDailyGold Premium

In this video we discuss the monthly technicals for Gold & Silver. We note key support & resistance levels and opine on which way the technicals are leaning. Click Here to Learn About TheDailyGold Premium

I have written about this for almost a decade now.    But it’s even more pressing now that perhaps Gold has run as far as it can outside a secular bull market. It is trading very close to very significant resistance.    It isn’t easy to envision a huge move higher in the precious metals … Continue reading

In this video we discuss the interplay between rising bond yields, inflation and stock market peaks around the late 1960s. Ultimately, rising bond yields can lead to a market peak. Secondly, in the 1964-1982 inflationary period, the stock market peaked at the end of the first wave of inflation while the second wave caused a … Continue reading