Gold & Silver Slammed

Author, CMT, and Editor @ The Daily Gold
June 10, 2024

Precious Metals were slammed on Friday. Gold lost over 3% while Silver lost nearly 7% and the miners were down ~7%.

We evaluate the recent action and the key support levels and downside targets for Gold, Silver & GDX, GDXJ, and SILJ.

The Daily Gold

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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 Premiuma 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.


It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.
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