Jordan Roy-Byrne CMT, MFTA

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to discuss his technical outlook on gold, silver, and the precious metals mining stocks, and whether we’ve recently seen a significant turn in direction.

Precious Metals have enjoyed a very strong rally since early last week. Previously when Gold broke $1675, we noted the non-confirmations of the breakdown. These included Silver not breaking down and Gold not breaking down in real terms. There are quite a few positives for the stocks. The GDX advance decline line is showing its … Continue reading

Last week the S&P 500 broke what I consider the most critical moving average, which is often a signal for secular trends. Although the S&P broke that average and fell to a new low, Gold rebounded and GDX and GDXJ gained 7.5% and 9%. The question is if Gold and gold stocks can continue this … Continue reading

The 31-page update was published and emailed to subscribers early Sunday morning.

In this article, I will briefly examine Gold’s technicals, fundamentals, and sentiment to hazard a guess at when and where the major turn will be.   It is vital to consider all three tools to build a case.   On the fundamental front, we are well aware that precious metals have historically bottomed around the … Continue reading

Gold’s cup and handle pattern is broken from the standpoint of a potential breakout in the next 6 to 9 months that could launch it to the initial target of $3000. However, the cup is 9 years long and the handle typically requires one third of the time or longer. That puts a breakout in … Continue reading

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to discuss his technical outlook on gold, GDXJ, silver, and their eventual divergence from US equities.   We start off discussing the key support level gold has pierced below, and where support may come in.   The trend has clearly been down over the last few … Continue reading

In this video we look at the history of the stock market losing and then failing at its 20-month moving average as well as the current downside potential and where the next bottom could be. Click Here to Learn About TheDailyGold Premium

The 27-page premium update was published and emailed to subscribers Sunday afternoon.