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Silver cleared $29 resistance and is in breakout mode as Gold has rebounded to near its previous high at $2417. Silver could retest the breakout at $29 but retest or not, it appears headed to that strong target at $34-$35. Click Here to Learn About TheDailyGold Premium

We evaluate the two comparisons for the present based on the historical price action and standing of a number of markets. These include the S&P 500, the Bond Market, Gold, Silver, Gold Stocks and CPI. Click Here to Learn About TheDailyGold Premium

Silver has broken out to a new daily 11-year high. The next strong target and resistance is $34-$35. The Gold/Silver ratio has lost trendline support. It closed at 80 with immediate downside target of 75 and later, 65 where there is major support. Click Here to Learn About TheDailyGold Premium

The miners continue to lead the metals as they start to break above their April highs while Gold & Silver remain below those highs. Silver is getting ready to outperform Gold. Click Here to Learn About TheDailyGold Premium

Gold is only two months into a 13-year breakout while the inflation-adjusted Gold price, an indicator for gold stocks, is approaching a breakout from a 45-year base. Gold stock valuations are at very low levels and could double during this cyclical bull market. The bull market in precious metals will accelerate when the stock market … Continue reading

Patrick Vierra from SBTV spoke with CMT, MFTA Jordan Roy-Byrne from The Daily Gold. Jordan goes over the new support levels for gold and how the 50 day moving average plays a role in the recent pullback with precious metals. However, despite the pullback Jordan let’s us know how gold is going to go higher, … Continue reading

Vince Lanci of Echo Bay Futures & GoldFix on Substack joins us to wrap up market action in April and discuss Gold’s outlook in May. Vince believes Gold has more downside and will be watching the action after the CPI on May 15. The market action post-CPI will give us a hint if the economy … Continue reading

Gold, Silver and the miners declined this week but all remained above key support levels. Silver retested support at $26.30 and formed a bullish hammer today. Gold & gold stocks could decline more and test their support levels. Click Here to Learn About TheDailyGold Premium

Gold against the 60/40 portfolio is the most important Gold chart for 2024. I expect this chart to give a secular bull confirmation signal over the coming months. It’s end of April reversal prevented the signal at the close of the month. Click Here to Learn About TheDailyGold Premium

David Skarica, publisher of StockChartofTheDay discusses the breakout in Gold, stagflation vs. disinflation and the catalysts which will lead to an upside acceleration in Gold & Silver over the next few years. Click Here to Learn About TheDailyGold Premium