The Daily Gold, Released on 8/9/24
Gold was fractionally higher this week as Silver lost 3%. The miners lost 2%-5%. Big early week weakness was bought and Silver & silver stocks bounced at their 200-day moving averages.
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.