Gold and Silver Going into October
Gold is correcting right now in terms of time because these short-term fundamentals are not bullish. If I could sum everything up, that's what it would be in one sentence. Gold and silver, they're correcting in terms of time more so than price because these short-term and immediate fundamentals are negative. There's a few headwinds, but I don't expect these headwinds to be permanent.
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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.
