Precious Metals Video Update: Gold & Gold Stocks in Ongoing Correction
Precious Metals put in an interim peak and are now correcting. What are the key support levels for gold and gold stocks?
Watch the weekly and monthly closes on the charts. Fed policy will matter a lot this year and will gold retest 1400?
Talking Points From This Week’s Episode
- Key support levels for gold.
- Watch the weekly and monthly closes.
- GDX.J and GDX resistance levels.
- The big picture remains good.
- Watch the Fed policies.
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.
Jordan latest book “The Coming New Bull Market in Gold” can be found for free on his website: https://thedailygold.com