Gold’s Breakout Potential - How History Informs Us
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Gold has broken out from a 13-year cup & handle pattern. In this video we highlight past historical breakouts and the performance that followed.
These breakouts include the stock market in 1982, Hong Kong in 1986, Gold Stocks in late 1964, Oil in 2004 and Copper in 2004.
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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.
