The Daily Gold, Released on 11/28/23 Gold is on the cusp of making a new all-time high while Silver challenges resistance at $25-$26. We discuss the key weekly resistance levels as well as the monthly resistance levels. These are important closes on Thursday and Friday. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member […]
The Daily Gold, Released on 11/22/23 As long as Silver continues to hold $22 on a monthly and quarterly basis, then the probability favors a test of $25 resistance and eventually $26-$27. The most important level is $26-$27 because it is the 50% retracement from long-term lows at $1, $2 and $3. First things first, […]
The Daily Gold, Released on 11/20/23 The market is currently discounting a soft landing for the economy and this should continue into 2024. However, there is rising risk that turns to recession or stagflation in 2024. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher […]
The Daily Gold, Released on 11/14/23 We update the secular trends and show with history how the new secular bear market in bonds likely leads to a secular bear market in stocks and then last, the US Dollar. 0:00 Intro 0:05 Secular Trends 5:45 History of 10-Year Yield Jordan Roy-Byrne, CMT is a Chartered Market […]
The Daily Gold, Released on 11/10/23 It was a rough week for precious metals as Gold lost 3%, Silver 4% and the miners shed over 7%. The bullish inverse head and shoulders patterns in the mining indices failed as Gold & Silver were sold throughout the week. In this video we analyze the recent price […]
The Daily Gold, Released on 11/7/23 Brent Johnson of Santiago Capital and the Milkshake Theory joins us to provide his latest thoughts on Gold, the US Dollar, and the factors driving current trends. The main takeaway is that the dollar remains in an uptrend and that the prospects of the dollar and Gold rising together […]
The Daily Gold, Released on 10/31/23 Gold closed October at $1994, failing to close above monthly resistance at $2000. Monthly and quarterly resistance remain at $2000, while yearly resistance remains at $1900. Should Gold close at $2010 or higher on December 31 then it will make a new yearly, quarterly and monthly high. Jordan […]
The Daily Gold, Released on 10/27/23 Greg Weldon analyzes current macroeconomic landscape and potential developments in the near future and what is driving Gold towards a breakout. He also discusses Silver, the Gold/Silver ratio, the stock market and finally, implications of a bond bear market. 0:00 Intro 1:20 Analysis of Economy 640 Long Term Inflation […]
