Fireworks for Gold in Second Half of 2024

Jordan Roy-Byrne
Author, CMT, and Editor @ The Daily Gold
July 9, 2024

If Gold and Silver continue to hold $2290 and $29, then there is a good chance of fireworks in the second half of 2024.

If the economy weakens, leading to Fed easing, capital would flow into Gold ETFs and Gold would break resistance against the 60/40 portfolio.

The Daily Gold

*********

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, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.

Recent Articles

In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook