In this video we discuss the key technical levels, the importance of the close next Friday, Gold’s performance against foreign currencies and stocks and potential upside targets in Gold, GDX and GDXJ. Click Here for TheDailyGold Premium
The 24-page update was published and emailed to subscribers Saturday evening.
Gold has finally broken out to the upside. In Asia trading on Thursday, Gold exploded through the $1360 to $1370 resistance zone and was able to hold the gains throughout the day, closing above $1395/oz. As we pen this article, Gold has to chance to break $1400/oz by the weekend. The close of the month … Continue reading “Potential Upside Targets for Gold Stocks”
Comments on the huge move in early Asian trading.
Jordan Roy-Byrne, Founder of The Daily Gold joined me for a discussion on the set up in the gold market heading into the Fed meeting. We look at the spec position in gold and the USD as well as how gold has been preforming against other currencies of late. Finally a comment on the overall … Continue reading “Interview: Spec Positioning, Breadth and Gold/Foreign Currencies”
This 2-page update was published and emailed to subscribers late Tuesday evening.
The 18-page update was published end emailed to subscribers Saturday evening. This update includes our analysis on the current happenings in Gold, Silver and the gold stocks. It also includes a Q&A section in which we cover a new Silver company, which is incredibly cheap and our top 5 buys right now.
This is a 6-page update with thoughts on the sector and some portfolio activity.
Jordan Roy-Byrne, Founder of The Daily Gold joins me to outline the set up in gold and the USD. Over the past couple years as gold had approached breakout levels the USD was falling. This year we have seen gold rise with the USD. Now with gold closing in on the upper $1,300 resistance the … Continue reading “Interview: The Setup for Gold & US Dollar is Key”
The more times a level is tested, the weaker it becomes and the more likely it is to break. Once again, Gold has rallied up to the wall of resistance in the $1350 to $1375 region. Gold has previously tested that wall a handful of times but failed to break through. This time, Gold is … Continue reading “Gold has Good Chance to Break-Out Now”