Jordan Roy-Byrne: Gold Has Had A Breakout, But Is It A Significant Breakout?
The Korelin Economics Report, Released on 11/17/21
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to share his outlook on what is being dubbed as a recent breakout in gold and the gold miners, and whether it is a significant breakout. While he agrees it is worth noting that the yellow metal did close above that $1835 resistance, he sees the $1900 target on the monthly and quarterly charts as the much more important line of resistance to break out above for it to be significant.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.
Jordan Roy-Byrne: Gold Has Had A Breakout, But Is It A Significant Breakout? added by Herman James on 11/17/2021View all posts by Herman James ?+'