The Daily Gold, Released on 9/6/24
Gold declined by only $3 but Silver declined 3% and the miners lost 6%-10%. There is technical damage but Gold relative to equities is approaching another critical test that could confirm a new secular bull market.
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.