Jordan Roy-Byrne shares his insights on the short term charts for gold, GDX, and silver. The long term case for the precious metals is strong but the daily charts are showing a continued drift in price which will lead to an even better buying opportunity. We outline some of the key levels to watch.
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.