Jordan Roy-Byrne CMT, MFTA

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Video: Fed Week & Monthly Close Could Mark Turns for Gold & Silver

The levels for Gold remain the same. There is resistance at $1950, $1960 and a potential pattern target measuring to $2020. Last week Gold came within cents of $1950. We are on guard for a correction and that will remain the case even if Gold reaches the $2020 target. The Fed figures to talk tough … Continue reading

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Gold Sentiment: Room for More Bulls

Last week we wrote about the propensity for mild corrections in the early stages of Gold bull markets.    Corrections in Gold tend to be limited to 8% to 10% at the most while corrections in the gold miners tend to be limited to 15%. The exception is when you get a vertical recovery, … Continue reading

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Interview: Precious Metals vs. US Markets & Gold LT Technicals

Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to discuss the set up in gold and silver compared to US markets. We also look to silver’s recent under performance to gold over the past 5 weeks. Finally we have Jordan look at a 20 year chart of gold and share what he … Continue reading

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Video: Gold & Silver vs. Stock Market Update

This is one of the best internal indicators for the Gold market as Gold against the S&P 500 is often a leading indicator for Gold and the rest of the precious metals sector. Both ratios (Gold against the S&P 500 and Silver against the S&P 500) face two important resistance levels. Click Here to Learn … Continue reading

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Video: Targeting $1950 for Gold & Bit More Upside for Gold Miners

Gold inched higher last week past resistance at $1900-$1920. The next resistance is $1950-$1960. Silver continues to lag and probably needs Gold to surpass $1960 if it has a chance to surpass $24.50 and test resistance at $26. The gold stocks and silver stocks (GDX, GDXJ, SILJ) could have another 4% upside if Gold reaches … Continue reading

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