Jordan Roy-Byrne: 3 Gold Leading Indicators to Watch
The Daily Gold, Released on 4/25/22
Given our view that Gold will perform when the Fed stops hiking, there are a few leading indicators that can signal the Fed stopping hikes. The first is the 2-year yield falling below its 50-day moving average. This could be the most important of the leading indicators. The others are the re-inversion of the Yield Curve and the Gold to S&P 500 ratio.
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: 3 Gold Leading Indicators to Watch added by Herman James on 04/25/2022View all posts by Herman James ?+'