The Daily Gold, Released on 8/8/24 (Recorded on 8/6/24) With the rising risk of a recession and bear market and ensuing volatility impacting all asset classes, here are the five charts Gold investors should follow. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and […]
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 […]
Jordan Roy-Byrne – X, Released on 8/5/24 Gold's Cup & Handle breakout was significant. The coming breakout in the inflation-adjusted Gold price? One of the biggest breakouts of all time. (Gold vs. CPI is best fundamental indicator for gold stocks) pic.twitter.com/MQwoCFcb2o — Jordan Roy-Byrne CMT, MFTA ⛏⛏ (@TheDailyGold) August 5, 2024 Jordan Roy-Byrne, CMT is […]
The Daily Gold, Released on 8/2/24 Precious Metals selloff to end the week and it was led by Silver and silver stocks. The yield curve is steepening and warning of a recession. That is exactly when Gold usually begins to outperform the stock market. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of […]
The Daily Gold, Released on 7/31/24 Vince Lanci discusses why Gold could start to pull away, the current drivers in Silver and why Silver’s price action could be a tell for Gold’s upside potential. 0:00 Intro 0:30 July Recap 4:35 Gold & Silver Monthly Candles 10:30 Gold & Stock Market Weakness Evolution 16:30 Context of […]
The Daily Gold, Released on 7/23/24 GDX is battling monthly and quarterly resistance around $37.50. A clean, strong break above triggers a potential measured upside target of $55, the 2010-2012 resistance highs. A steepening in the yield curve and the start of Fed easing would be the fundamental trigger for this move. Jordan Roy-Byrne, CMT […]
The Daily Gold, Released on 7/19/24 Gold falls back into the $2300-$2400 consolidation range as Silver drops 6% on the week, threatening support at $29. The miners took a hit but weakness bought to close the week. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the […]
The Daily Gold, Released on 7/16/24 Gold breaks out from its bullish flag pattern but there is another signal that is approaching code red. Various yield curves are steepening and about to un-invert. Historically, that is a recession signal and the time when Gold starts to outperform the stock market. Jordan Roy-Byrne, CMT is a […]
