Gold & Silver Just Hit a Key Bottom—The Next Move Is Starting
Gold and silver are now set up for the summer rebound to take shape. And so starting off, let's review the positive divergence that we had in the precious metal sector. I touched on it in last week's video. I raised the point, is it a bottom or the bottom? Well, it's definitely a bottom. Time remains to be seen if this is the ultimate bottom, but for here and now, and I think at minimum, at least for the summer, the bottom is in and we should see a decent rally.
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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.
