Jordan Roy-Byrne: Gold & Silver Rebound After False Breakdown

The Daily Gold, Released on 10/16/23

In this video we mention updated support and resistance levels for Gold & Silver, following Friday’s upside explosion. We also cover upside targets for GDX & GDXJ. The next resistance for Gold is at $1980-$2000 with support in the low $1900s. Silver’s next resistance is at $24.50.

0:00 Intro
0:12 Gold & Silver
3:37 GDX, GDXJ
5:36 Conclusion

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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