The Daily Gold, Released on 12/17/23

Vince Lanci discusses what happened when Gold was slammed after hitting $2100, the nuances around Fed Chair Powell’s Pivot and the impact on Gold. We close with a technical outlook on Gold.

0:00 Intro
1:20 Gold Selloff at $2100
8:20 Fed Pivot Political?
11:55 Fed Historically Does What They are Told
21:40 Fed Pivot Impact on Gold
29:30 Risk of Blowoff Top
33:45 Gold Technical Outlook
35:55 Gold Quarterly Close
39:30 GoldFix

Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and “friends and family” personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com

Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.

  Fed, Jordan Roy-Byrne, precious metals, vince lanci