Jordan Roy-Byrne: Deep Dive on Gold Technicals
The Daily Gold, Released on 7/19/22
In this video we take a deep dive into Gold's technicals with some sentiment talk mixed in as well as macro commentary. Gold's trend is broken technically but unlike in 2013 it is outperforming in real terms, the S&P 500 is in a bear market and the economy is in recession. When the Fed stops hiking, the macro will turn favorable for Gold. As always, fiscal and monetary policy will drive Gold and determine which chart patterns and interpretations prove correct and when.
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: Deep Dive on Gold Technicals added by Herman James on 07/20/2022View all posts by Herman James ?+'