Precious Metals Video Update: Gold & Silver Upside Targets & Overbought Indicators for GDX
Jordan gives a technical update on gold, silver and the GDX. We are in a breakout and this is a very bullish signal.
Talking Points From This Week’s Episode
• Measured upside Targets for GDX & GDX.J
• Correction is unlikely to happen until targets are reached.
• Market is hot and may reach technical extremes.
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 that emphasizes market timing and stock selection for precious metals investors.
To subscribe to his newsletter or podcast visit: https://thedailygold.com