first majestic silver

Gold & Silver Outlook Mixed - Video

Author, CMT, and Editor @ The Daily Gold
August 8, 2023

Gold and Silver are both trading between support and resistance. The weak price action since the tail end of July leads one to think there should be a downside bias. At the same time, there has been 10 consecutive weeks of outflows from Gold funds.

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 Premiuma 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.


USA has the world’s largest holdings of gold: 8,134 - representing 77% of its Total Foreign Reserves.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook