Gold Hyperbole is Real, Price Setup “Super Bullish”

Author, CMT, and Editor @ The Daily Gold
April 19, 2024

Jordan Roy-Byrne, CMT, MFTA, of the Daily Gold shares his thoughts on gold’s recent price activity and where the yellow metal may be headed in 2024 and beyond. He also discusses his outlook for silver.

“We are in the real sweet spot for what is the biggest breakout for gold in the last 50 years,” he said. “This is the time where a lot of the hyperbolic statements that people like me make, and have been making for the last three or four years — this is the time where it’s really ripe for those things to actually play out.”

The Daily Gold

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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 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.


In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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