In this video we assess a series of volatility indicators for Gold. Volatility in Gold is declining and that usually happens after a big move. Gold could bottom, rally and consolidate at higher levels and long-term volatility would continue to decline. Eventually that would put the market in position for a big breakout.
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.