Jordan Roy-Byrne
Author, CMT, and Editor @ 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.
Jordan Roy-Byrne Articles
We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.
Gold has pulled back after a mini-blow-off on Monday that followed a new monthly and weekly all-time high.
An update on Gold vs. the conventional 60/40 portfolio. Gold needs to outperform and trend higher against this portfolio to be in a secular bull market. It is very close to doing so.
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.
Gold closed the week at an all-time high on all time frames. We talk to @GregoryWeldon about the current drivers, near-term upside potential, Silver and how to handle a raging bull market.
Gold is breaking out and at the start of a new secular move. This implies the stock market and the Nasdaq, which Bitcoin follows, will be in a secular bear market soon.
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.
Robert Sinn (aka Goldfinger & CEOTechnician) discusses Gold’s weekly close above $2000, Gold’s current drivers and how he uses Silver as an indicator.
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.
Gold closed at $1985 and faces important daily and weekly resistance at $2000. Silver traded up to $24.00 and faces resistance at $24.50 and $25.00.
