Jordan Roy-Byrne: Gold Mining Stocks are Overbought & Why That's Bullish

The Daily Gold, Released on 4/20/22

In this video we show two breadth indicators that highlight gold stocks being overbought but nowhere near a top. Both indicators show two things: why overbought early in an initial bull move is a good omen and secondly, why gold stocks are nowhere near a significant top.

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 Mining Stocks are Overbought & Why That's Bullish added by Herman James on 04/20/2022View all posts by Herman James ?+'