Jordan Roy-Byrne | TalkMarkets | Page 21
Owner, The Daily Gold
Contributor's Links: The Daily Gold
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 ...more

Articles

Latest Posts
321 to 336 of 336 Posts
<<< 1 ... 19 20 21
Gold Stocks Following Bull Analogs
The gold stocks started to correct this week as large caps were off 13% at Thursday’s low. Both juniors and large caps have made tremendous gains since the January 19 bottom and are ripe for some profit taking.
Correction Or Final Push Higher?
Despite maintaining an overbought condition and despite the recent bearish posture of many sector pundits, the gold stocks have yet to correct more than 11%.
Misreading The CoTs, Again
As a result of the primary trend change, conventional CoT analysis fails and requires an adjustment. Today we look at the Gold and Silver CoT’s...
Gold Stocks: Extended But More Upside Potential
The sector has refused to correct for more than a few days at a time. All weakness has been bought as a wall of worry has been built and the sector emerges from a historic low that could be on par with the 1942 low in the stock market.
Gold Stocks Climbing Epic Wall Of Worry
The gold stocks have had a tremendous rally in recent months that has left most investors and even gold bulls on the sidelines. From low tick to high tick GDXJ has more than doubled while GDX has nearly doubled.
Gold Miners Reach First Resistance Target But Continue To Outperform Gold
Gold stocks have been on a tear lately as they continue to move higher in defiance of the bearish calls of numerous pundits and traders. After trading lower mid week and filling Monday’s gap, the miners are set to close the week with some strength.
Gold Stocks Breakout, Gold To Follow
The strength in the miners continues to surprise as the majority of pundits look for any reason for a pullback in the face of very bullish price action. The gold miners are now breaking out and Gold is likely to follow.
Gold Stocks Correcting Through Time Not Price
Gold Stocks enjoyed a fabulous, near vertical rebound into March yet were in extreme overbought territory.
What To Watch For In Gold & Gold Stocks
Gold and gold stocks finally showed a bit of weakness during the holiday shortened week. Gold had its biggest weekly loss in months, losing 3% to $1217/oz while the miners (GDX, GDXJ​) declined about 5%. Silver lost 4%.
Precious Metals Ignore Correction Calls
Gold and gold stocks have refused to correct for more than a few days at a time. Weakness is being bought and quickly. Gold has gained over $200/oz but not corrected by more than 6%.
Can Gold Climb To $1400/oz?
At the start of 2016, renowned fund manager and bond king Jeff Gundlach predicted Gold would surge to $1400/oz. While we cannot predict the future, we think there is some chance that Gold could reach Gundlach’s target before a sustained correction.
Gold Stocks Reverse At Resistance Targets
The recent rebound was similar to that from the October 2008 lows. Then, GDX rebounded 69% (from low tick to high tick) in five weeks while over the past six weeks GDX has surged 68%.
US Dollar Rebound Increases Near-Term Risk
We've noted the odds favored more upside in precious metals before a larger correction would begin. While that view remains on track, the renewed strength in the US Dollar could provide immediate resistance to higher levels in Gold and gold stocks.
New Bull Market In Gold On Track
Last week we focused on the gold stocks. There was more initial evidence of a new bull market there than in Gold.
No Change In Outlook For Gold & Silver
The long and deep “forever bear” has to end but it hasn’t yet. Under the surface, the bear market is getting weaker and Gold is growing stronger.
Gold Could Lose Safe-Haven Bid As Equities Rebound
Precious metals have clearly benefited from the equity selloff but therefore figure to lose strength as the equity market begins a relief rally.
321 to 336 of 336 Posts
<<< 1 ... 19 20 21