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Gold's Relative Strength Perks Up

June 10, 2024
  • Gold
The Daily Gold
By The Daily Gold
The Daily Gold

Gold has broken out against Oil and is inches from breaking out against equal weighted Commodities index. It is healthy and long-term moving average is sloping higher against the equal weighted S&P 500 and Global equity index (ex the US). Once those 7 stocks stop rising, Gold could begin a major move against the stock market.

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The Daily Gold
The Daily Gold
Interviews, analysis and podcasts from The Daily Gold. Host Jordan Roy-Byrne, CMT, MFTA interviews top industry analysts and fund managers. Jordon's main focus is on gold and silver investing and junior stocks.
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