Jordan Roy-Byrne CMT, MFTA

There are three clear historical comparisons for Gold. These are the 1964-1965 period, the 1968-1972 period and 2009. The first is, the mid 1960s, which we argued, in another video, was the best comparison. Gold is on the cusp of a significant historical breakout. The gold stocks were the proxy for precious metals pre 1970, … Continue reading

Gold and Silver closed last week a tiny bit below respective weekly resistance levels at $1980 and $24.50. The bearish take is miners badly underperformed Gold the last two days, which suggests Gold weakness is coming. However, on the contrary, Silver closed the week much stronger than Gold. That’s usually a good sign. Our short-term … Continue reading

In this video we evaluate the key support and resistance levels for Silver and comment on its net speculative position and open interest. The key resistance levels are $26 and $27-$28 with $22 and $20.50 being the key support levels. In the bigger picture we can simplify with $27 as resistance and $20.50 as support. … Continue reading

In this interview, Robert Sinn,  @GoldfingerCapital  provides a short-term and medium term outlook for Gold. We discuss both the current bullish and bearish drivers and the outlook for the second half of the year. Click Here to Learn About TheDailyGold Premium  

Kitco News, the largest publisher of gold news and analysis, should change its name to Crypto News because crypto is its new focus and Gold has taken a major backseat. Gold is only 5.5% from an all-time high while Bitcoin is 65% from its all-time high. Click Here to Learn About TheDailyGold Premium

The oversold bounce in precious metals reversed course quickly on Friday amid the strong jobs report. Gold was hit the hardest while Silver and the miners declined less than Gold. The question is if this news carries into next week and causes more of a decline in precious metals (which were short-term oversold three days … Continue reading

Although Gold has pulled back and its latest breakout attempt failed, it remains fairly close to the most significant Gold breakout in 50 years and the most significant macro breakout since the S&P 500 broke out in 2013.   However, generalist investors and generalist technicians are more enthusiastic about the recovery in the stock … Continue reading

The best historical comparison for Gold and precious metals is not the 1970s or 2008. It is the mid 1960s, during which gold stocks (the proxy for gold) broke out from a long base. Had Gold been a free market, it likely would have broken out from a 1948 or 1951 peak in the mid … Continue reading