Gold & Gold Stocks are moving closer to a bull market. The stock market is extremely oversold and should rally for a few months, which could coincide with pullback in precious metals. When the market anticipates the first rate cut, the bull in Gold will begin in earnest.
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.