Gold Breakout & Road to $2300 & $2500 - Video
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Gold finally made its historic breakout last week and the price is hovering around $2100 as the week begins. Gold has measured upside targets of $2300 and $2500.
Silver has measured upside targets of $31. Silver is wrestling with resistance at $26 but could reach $29-$30 if Gold moves to $2300.
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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.
