The Daily Gold, Released on 2/20/24 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 […]
The Daily Gold, Released on 2/15/24 Gold & Silver have bounced from support at $2000 and $22.00 and the gold stocks have rebounded from a very oversold condition on Wednesday. But what if $2000 and $22.00 are broken to the downside? We evaluate the strong support levels in Gold, Silver, GDX, GDXJ. Jordan Roy-Byrne, […]
The Daily Gold, Released on 2/14/24 Gold stocks are approaching extremely oversold levels and their valuations are near all-time lows. Sentiment is in the toilet. The common denominator behind the biggest rebounds in the gold stocks (as seen in 2008, 2016 and 2020) was the big move in Gold each time. If Gold makes a […]
The Daily Gold, Released on 2/6/24 Huge breakouts in markets are accompanied by long bases and very low volatility. Gold is in a long base and its volatility indicators remain in position for Gold to move explosively if it breaks $2100. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians […]
The Daily Gold, Released on 2/4/24 Gold has important short-term support at $2000 and Silver does at $22. If the metals lose those levels then there could be more selling. However, it could setup a significant low before the spring. Gold in a vacuum looks incredible technically. However, Gold against the Stock Market is at […]
The Daily Gold, Released on 1/16/24 A steepening in the yield curve to above 0 and in a vertical fashion indicates an imminent recession. The yield curve has steepened to -0.17 and flashing yellow. It is not code red yet but it is yellow. If the steepening continues and accelerates, then it would be code […]
The Daily Gold, Released on 12/30/23 We cover the yearly, quarterly, monthly and weekly candle charts for Gold. Gold closed the year and quarter in strong fashion, but it needs to break $2100 to generate further momentum to the upside. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians […]
The Daily Gold, Released on 12/17/23 Vince Lanci discusses what happened when Gold was slammed after hitting $2100, the nuances around Fed Chair Powell’s Pivot and the impact on Gold. We close with a technical outlook on Gold. 0:00 Intro 1:20 Gold Selloff at $2100 8:20 Fed Pivot Political? 11:55 Fed Historically Does What They […]
