Jordan Roy-Byrne
Author, CMT, and Editor @ The Daily Gold
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, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.
Jordan Roy-Byrne Articles
Recently we’ve been writing about the downside potential in precious metals and the danger for precious metals bulls. The gold miners and Silver have led the rout while Gold finally cracked support ($1140-$1150/oz) last week. That led to a...
The gold miners have broken below their 2008 to 2014 support, while Silver is essentially trading at a six year low. Gold looks set to make a new monthly low and weekly low but has yet to break its daily low at $1140/oz. Barring a sudden...
The precious metals sector is enduring losses for the third straight week. The gold miners and silver have led the way down, though silver has rallied over the past two sessions. Gold has also rallied yet remains dangerously close to...
Gold and Silver rebounded following the Fed minutes released last Wednesday. However, one week later both metals are back below pre-Fed levels and moving dangerously close to important support. Silver price fell 2% on Tuesday to $15.81/oz...
Despite three consecutive weeks of losses precious metals have failed to mount much of a rally. Gold closed last week above $1170 and may close this week below $1180. Meanwhile, Silver has struggled to mount any rebound and appears to have...
Gold and Silver are going to close down for the third consecutive day and the third consecutive week. As we pen this on Friday, Gold Price bounced from $1162/oz -- and could close near $1170/oz, while Silver traded below $16/oz and may...
Gold has been frustrating for bulls and bears since its crash in Q2 2013. In the two years since, it has traded in a wide range, frustrating traders and investors. The net result has been nothing but the passing of time.
Last week we wrote that the precious metals complex had not broken out yet and had more work to do before it could attempt a true breakout. The metals had some more upside and so did the shares. However, the poor performance of the shares...
There is some talk among traders about precious metals breaking out. Silver broke a trendline dating back to summer 2011 and will make its highest weekly close in more than three months. Gold will make its highest weekly close in three...
As we pen this article Gold is trading below $1180/oz and set to close at its lowest level in six weeks. Gold is less than 2% from its weekly low of $1158. It is fairly close to another technical breakdown.
