Jordan Roy-Byrne - Technical Commentary on the Metals – Wed 4 Nov, 2020

What now for gold and gold stocks post election – Key levels to watch

Jordan Roy-Byrne joins me for a close look at the gold, GDX, and GDXJ charts. We touch on the lack of Blue Wave in the US election and what that means for fundamental drivers for gold and gold stocks. We also spend time focusing on the balance between the GDX long term uptrend and the short term downtrend.

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Comments:
  1. On November 4, 2020 at 2:44 pm,
    OOTB Jerry says:

    Big Picture
    Historically, the party controlling the White House has had very little effect on the price of gold. According to a World Gold Council Report, dating back to 1971, gold returns were 11% on average per year during Democratic presidencies and 10% during Republican administrations.

    • On November 4, 2020 at 2:46 pm,
      OOTB Jerry says:

      Comment from….
      https://www.zerohedge.com/markets/how-will-next-president-impact-gold
      I have been saying this for a long time about gold………concern the ROI….
      some like to nickel and dime the issue…but, you can do the math….

      • On November 4, 2020 at 2:48 pm,
        OOTB Jerry says:

        Back to Basics………. 🙂

  2. On November 4, 2020 at 6:00 pm,
    Dick Tracy says:

    Now that Trump is beaten Gold has a clear path to $2000 and beyond. DT

    • On November 4, 2020 at 9:04 pm,
      buzz says:

      I would wager that ur judgment is premature

  3. On November 5, 2020 at 7:31 am,
    Dan, calgary says:

    Scorpio Gold having a great day (;-)

    https://stockcharts.com/h-sc/ui?s=SGN.V