Jordan Roy-Byrne: US Dollar Breakout, Gold Breakdown
The US Dollar is just 1% away from a new high. Meanwhile, gold just made a new low for the current bear market. So what’s next for gold investors?
Jordan Roy-Byrne, CMT, MFTA is a Chartered Market Technician and Master of Financial Technical Analysis who is a 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 precious metals investors. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free.
Talking points for this week’s interview –
• Does US Dollar strength spell doom for gold investors?
• How will the market react to a rate hike from the Fed?
• Is gold making a double bottom?
• Will the gold stocks make new bear market lows?