Jordan Roy-Byrne - Techncial Commentary – Thu 1 Nov, 2018

What A Bottom For Metals Looks Like

During these downtrends for metals the bulls are constantly calling bottoms and looking at data that they interoperate as signifying a bottom. Unfortunately usually these calls are wrong however there are a few consistent moves that happen at a bottom. Jordan Roy-Byrne shares what he is watching for to tell him the bottom is in for the overall metals complex.

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Comments:
  1. On November 1, 2018 at 6:32 am,
    Markedtofuture says:

    Germany’s Demographic Catastrophe | Almost Half Of Kids Are Migrant Descendants | Emigration

    https://www.youtube.com/watch?time_continue=251&v=nwyevHwUlKQ

    • On November 1, 2018 at 6:42 am,
      OOTB Jerry says:

      So much for October Fest……….

      • On November 1, 2018 at 6:44 am,
        OOTB Jerry says:

        German quality and craftsmenship certainly to fall…………jmo

    • On November 1, 2018 at 9:31 am,
      b says:

      So whats the catastrophe?

      Is someone here a kkk member?

      Recall a fellow about 70 years ago that wanted a whole bunch of white christian people born in Germany and europe, well we sure took care of that guy and that idea. lol

      If I recall they even had “baby factories” at the time.

      • On November 1, 2018 at 9:58 am,
        Wayne says:

        The only thing that anti-Christian fellow wanted was power and he would have said or done anything to obtain it. He didn’t want Christian people, he wanted slaves.

        • On November 1, 2018 at 10:59 am,
          Matthew says:

          You’ve seen one tyrant you’ve seen them all — and all are collectivists (leftists).

          • On November 1, 2018 at 11:18 am,
            Matthew says:

            By the standards of the Left, Adolf Hitler would have been deemed a “great statesman,” had he died before he started the war (or if he had won it). That’s because the left tends to measure greatness by the amount of land and number of people under one man’s thumb…
            https://mises.org/library/nazism-socialism

          • On November 1, 2018 at 11:41 am,
            b says:

            I agree 100%

            Thing is tho, the banks and zionists wanted the war so there may not of been any way to avoid it.
            Just kinda makes me go hmmmm.

          • On November 1, 2018 at 12:03 pm,
            Matthew says:

            “If my sons did not want wars, there would be none.”
            Gutle Schnaper, Mayer Amschel Rothschild’s wife

        • On November 1, 2018 at 11:04 am,
          b says:

          No offence Wayne, a bit of researching history might enlighten.

          Spain,Germany,Austria,Hungary,the baltics…all devout christian, Italy for example moved the Vatican from France to Italy.

          Where as we bombed christian centres, check Nagasaki.

          Just because they went to war far from makes them anti christian, check how many times the holy roman empire went to war for example.

          I would never say bad things didnt happen, but I can say that people are not aware of what actually happened.

          Germany wanted a white christian dominated Europe.

          I just think its funny that today people complain its not.

        • On November 1, 2018 at 4:58 pm,
          David says:

          Would the ovens have affected his popularity?

      • On November 1, 2018 at 7:47 pm,
        Markedtofuture says:

        So whats the catastrophe?

        Merkle destroyed the German way of life by letting millions of refugees in without vetting them. German taxpayers are on the hook for the whole mess. Out of several million, there are going to be some bad apples.

        The U.S. takes in 1+ million a year legally as it is. The Caravan overan the Mexican police and military on the way to the border. They refused Mexican jobs and shelter. Mexicans speak spanish? They would rather free load off the U.S.

        Trump doesn’t want another Germany on his hands. Its amazing how the race card gets played in every situation. The left has no solution to the problems. They have the same old tired crew, that made the mess in the first place. A lot of states have been ruined by the same politicians voted in over and over expecting a different result.

        • On November 1, 2018 at 8:39 pm,
          Markedtofuture says:

          “Don’t Ever Repeat This”: Beto Aides Busted Funneling Caravan Funds In Undercover Sting

          James O’Keefe’s undercover operatives at Project Veritas have done it again; this time filming campaign staffers for Congressman and US Senate candidate Robert Francis “Beto” O’Rourke seemingly engaging in the illegal use of campaign resources to help transport Honduran nationals traveling in the Central American caravan.

          https://www.zerohedge.com/news/2018-11-01/dont-ever-repeat-beto-aides-busted-funneling-caravan-funds-undercover-sting

          • On November 2, 2018 at 4:54 am,
            OOTB Jerry says:

            HOW ABOUT SOME >>>>>JAIL TIME>>>>>
            use and misreporting. It also violates Section 1001, making a false statement to the federal government. The FEC violations impose civil penalties, including fines of up to $10,000 or 200 percent of the funds involved. Violations of Section 1001 are criminal and include imprisonment of up to five years.

          • On November 2, 2018 at 4:55 am,
            OOTB Jerry says:

            COME ON SESSIONS……..GET ON THE JOB>>>>>>>>

  2. On November 1, 2018 at 8:02 am,
    OOTB Jerry says:

    Some may disagree…..but, I agree…….. 🙂
    https://www.zerohedge.com/news/2018-10-31/same-old-comex-games

    • On November 1, 2018 at 8:02 am,
      OOTB Jerry says:

      silver stealers. net…….a good read……..jmo again

    • On November 1, 2018 at 8:08 am,
      OOTB Jerry says:

      Turd , has been correct for a long time……on the COMEX ,…Trump should have put someone in the CFTC position that would be tough on CRIME…Banks still jerking everyone around.

    • On November 1, 2018 at 8:05 am,
      OOTB Jerry says:

      END TBTF……

  3. On November 1, 2018 at 8:52 am,
    David says:

    Bring back regulation, get the CFTC, SEC and Justice to do their jobs. It starts with the appointment of a competent, honest and aggressive Attorney General and a similar POTUS to appoint. Criminal statutes are enough to get started as theft is still a crime in all states.

  4. On November 1, 2018 at 4:01 pm,
    b says:

    ‘We’ll consider that a firearm’: Trump says rock-throwing migrants may be shot as dangerous invaders
    Published time: 1 Nov, 2018 21:54
    @RT

    Just like the Israelis shooting Palestinian children for throwing rocks.

    maga……ya, sure.

    • On November 1, 2018 at 11:12 pm,
      David says:

      Sick

    • On November 2, 2018 at 4:46 am,
      OOTB Jerry says:

      Rubber bullets would be a great solution……….no killing, just sting them,,,,,or how about just paint ball um with permanent INK.

      • On November 2, 2018 at 4:48 am,
        OOTB Jerry says:

        Canadians…….need to get a handle on their own govt….. The Queen still getting a chunk of change for nothing…… Dumb English serfs….. 🙂

        • On November 2, 2018 at 11:51 am,
          b says:

          Ya, thats hilarious.
          I had to swear an oath to the queen when I joined the forces.

  5. On November 1, 2018 at 4:24 pm,
    Ozibatla says:

    Within 24 hours gold posts a 3 week low then a 3 month high. Thats volatile! A good way to end the week would be to close above the 200 week ma and ideally above $1240.

    • On November 1, 2018 at 7:04 pm,
      Excelsior says:

      Agreed. A weekly close above $1240 and 200 week ma would be a nice start.

      • On November 1, 2018 at 9:07 pm,
        Matthew says:

        The real resistance for the last few years has been the 233 week MA while the most important support has been the 600 week MA. Taking back the 200 week MA at this time means also taking back the 233 and 600 week MAs and that will make it much more than a nice start. It will trigger a big bear trap that was allowed four months to get stuffed with very confident shorts.
        http://schrts.co/jb5MFt

        • On November 1, 2018 at 10:12 pm,
          Ozibatla says:

          Agreed. If gold take out all those aformentioned ma’s, it sets itself up more positively from a technical perspective. Interesting on the weekly gold chart the 3 ma’s all seemed to have met at some sort of inflection point.

  6. On November 1, 2018 at 7:07 pm,
    Excelsior says:

    Central banks continue to stock gold but ETF investors dump bullion
    Amanda Stutt | about 3 hours ago

    “Amid a lackluster gold market, Central banks’ demand for gold remains robust, and overall consumer market demand is up 13%, a World Gold Council report on Q3 demand trends released today has revealed.”

    “The World Gold Council found that gold demand reached 964.3 tonnes in Q3, which was 6.2 tonnes higher year-over-year. Central bank buying reached a three year high in September, and emerging market central banks played a key role, with Russia, Turkey and Kazakhstan accounting for 86% of central bank purchases in the first half of 2018. Consumer demand rose 13%, which offset large ETF outflows.”

    “Central bank gold reserves have grown 148.4 tonnes, up 22 % – the highest level of net purchases since 2015.”

    “The World Gold Council believes that many emerging market central banks are turning their attention to gold as after years of exposure to the US dollar, and as a natural currency hedge against the reserve currency.”

    http://www.mining.com/central-banks-continue-stock-gold-etf-investors-dump-bullion/

  7. On November 1, 2018 at 7:51 pm,
    Markedtofuture says:

    Orwellian! Trials for AI Lie-Detector Border Guards Are Underway!

    https://www.youtube.com/watch?time_continue=15&v=tu2kDPn8y9g