Jordan Roy-Byrne – Gold Is Set Up For A Historically Significant Breakout
Cory
November 30, 2023
Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to discuss the technical set up in gold. He thinks gold is on the verge of a historically significant breakout. We ask about gold stocks and what to watch on the charts of GDX and GDXJ. We also have Jordan share his outlook for silver considering how close gold is to all time highs.
The point at the end of the interview is critical. If gold is in a new bull market along with the stocks, investors need to take a different trading strategy.
Discussion
2 Comments
Nov 30, 2023 30:33 PM
Nov 30, 2023 30:25 PM
Thanks for your updates. You got us here ready to roll.
The long term momentum breakout happened many weeks ago and now we have the highest monthly close ever.
https://stockcharts.com/h-sc/ui?s=%24GOLD&p=M&yr=10&mn=0&dy=0&id=t3026184426c&a=1073871759&r=1701387008557&cmd=print
Anyone who understood the huge bear trap shakeout low of 2022 knew that all significant weakness since then was a buying opportunity.