Author: The Daily Gold

Gold Fundamentals Improving but Not Bullish Yet

Gold Fundamentals Improving but Not Bullish Yet by Jordan Roy-Byrne – The Daily Gold Recent market and economic developments are positive for Gold and precious metals but conditions are not bullish yet. Bullish conditions and bullish fundamentals would be highlighted...

How to Catch Bottoms in Gold Stocks

How to Catch Bottoms in Gold Stocks by JORDAN ROY-BYRNE CMT, MFTA The Daily Gold It is very difficult to pick exact bottoms but there are many tools we can use to help us pinpoint potential bottoms. You don’t hear technical...

5 Things That Precede Major Bottoms in Gold

5 Things That Precede Major Bottoms in Gold by JORDAN ROY-BYRNE CMT, MFTA The Daily Gold The recent weakness in Gold and gold mining stocks is not over. In fact, we are worried about another leg down getting underway. If that...

Gold Stocks are Not Close to Bottom

Gold Stocks are Not Close to Bottom by Jordan Roy-Byrne – The Daily Gold It has been a rough year for gold stock investors. Since Gold failed to break to the upside and the US Dollar bottomed, gold stocks have...

Checking Gold Stocks Valuations

Checking Gold Stocks Valuations by Jordan Roy-Byrne – The Daily Gold It’s no secret that gold mining stocks are historically cheap and have been for several years. Traditional metrics like price to cash flow and price to book value showed...

A Bottom in Gold but not THE Bottom

A Bottom in Gold but not THE Bottom by JORDAN ROY-BYRNE CMT, MFTA – The Daily Gold Gold has struggled to rebound despite an extreme oversold condition and extreme bearish sentiment. Nevertheless, conditions for Gold have not worsened in recent days....

Gold Miners Setting Up for Big Rally

Gold Miners Setting Up for Big Rally by Jordan Roy-Byrne – The Daily Gold The recent rally attempt of the gold stocks fizzled out as the December 2016 lows failed to hold. Now the miners are making new lows. As...

Upside Targets for Gold, Gold Stocks & Silver

Upside Targets for Gold, Gold Stocks & Silver by Jordan Roy-Byrne – The Daily Gold After a vicious selloff precious metals have stabilized. Its not a surprise given the breadth and sentiment extremes we noted and had predicted earlier. Although...

Gold Stocks Crash! Now What?

Gold Stocks Crash! Now What? by Jordan Roy-Byrne – The Daily Gold Last week GDX and GDXJ were down almost 12% at their lows on Thursday. Since then, they’ve recovered but only a tiny fraction of recent losses. The crash...

Gold Stocks are Not Too Oversold Yet

Gold Stocks are Not Too Oversold Yet by Jordan Roy-Byrne – The Daily Gold In recent days Gold has been more oversold than the gold stocks. Entering this week, the gold stocks were fresh off a major technical breakdown. An...

Precious Metals Monthly Charts

Precious Metals Monthly Charts by Jordan Roy-Byrne – The Daily Gold With the end of July I thought it was important to take a look at the monthly charts which carry more significance than weekly and daily charts. Visible trends...

Gold Stocks Testing Last Ditch Support

Gold Stocks Testing Last Ditch Support by JORDAN ROY-BYRNE CMT, MFTA The Daily Gold Although precious metals have not rebounded too strongly yet, the long awaited summer rally could be underway (at least in Gold). Gold is oversold and its sentiment...

Bearish Sentiment Can Only Take Gold so Far

Bearish Sentiment Can Only Take Gold so Far by Jordan Roy-Byrne  – The Daily Gold Despite its lack of bullish fundamentals and the poor price action, Gold is now technically oversold and has reached strong support with sentiment approaching potentially...