Jordan Roy-Byrne joins me for a dive into the gold and GDX charts. We start by weighing if gold is in a bull flag or bear flag pattern. Then a look to how the stocks have been performing vs the metal. A couple other considerations being the recent lower volume and news headlines that are distracting investors.
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.