Jordan Roy-Byrne: Silver Could Run to $50 Before Big Correction

The Daily Gold, Released on 5/27/24

We cover Silver’s performance following the breakouts and impulsive advances of the last 55 years. There are a total of 8 to 10 depending on how you measure. History shows that once Silver breaks out and starts moving, it rarely corrects to the 100-day moving average. It remains overbought and runs hot.

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.

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