The push and pull factors on the gold charts
Cory
April 5, 2017
Jordan Roy-Byrne joins me for some technical comments on gold and gold stocks. He brings up a great point regarding the advance decline line for GDX and how it compares to last year. We also look at the charts for treasuries and how the 10 year yield and TLT are very close to support and resistance levels.
Click here to check out Jordan’s website.
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Discussion
5 Comments
Apr 05, 2017 05:31 AM
Apr 05, 2017 05:40 AM
+1
Apr 05, 2017 05:40 AM
Some charts for those who think conventionals may be topping: http://www.marketwatch.com/story/the-smart-money-is-record-short-in-stocks-and-the-dumb-money-is-record-long-2017-04-05
Apr 05, 2017 05:03 PM
Here’s a better Paul Craig Roberts than on Greg Hunter:
https://youtu.be/lGQBMeOa1uE
Apr 05, 2017 05:25 PM
What a turnaround. DIVE! DIVE! Secure for depth charge attack!
Some interesting scenarios presented by Jordan. Basically, he’s on board with Doc IMO. No waterfall declines but no breakouts. Basically, buy lightly if you want and hold for the longer term. Thanks Cory.