Jordan Roy-Byrne: Is Gold in New Secular Bull?

The Daily Gold, Released on 3/5/24

Gold’s breakout from a 13-year cup & handle pattern and clearing $2100 renders it extremely difficult to argue it is not in a new secular bull market. However, confirmation will require some time and a strong move higher against conventional asset classes and the 60/40 portfolio.

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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