Clear Commodity Network Clear Commodity Network
  • Home
  • Metals
  • Energy
  • Agriculture
  • Podcasts
  • Playlists
  • Prices
Clear Commodity Network Clear Commodity Network Clear Commodity Network Clear Commodity Network
  • Home
  • Metals
  • Energy
  • Agriculture
  • Podcasts
  • Playlists
  • Prices
Cover for Jordan Roy-Byrne - Technical Update For Gold, Silver, GDX And Junior Stocks

Jordan Roy-Byrne - Technical Update For Gold, Silver, GDX And Junior Stocks

June 11, 2024
  • Silver
  • Gold
  • Jordan Roy-Byrne
KEReport
By KEReport
KEReport

Jordan Roy-Byrne, CMT, MFTA, Editor of The Daily Gold, joins us to provide his updated technical outlook for gold, silver and the underlying stocks. 

We start with the potential directions for gold, focusing on support levels, resistance, and the possibility of a double top pattern. Jordan explains why it's too early to predict a definitive trend for gold, emphasizing the importance of monitoring the $2,300 level and potential gaps at $2,240. 

For silver, the conversation highlights the recent breakout above key resistance levels and subsequent correction, with analysis on support levels and moving averages. 

We also delve into the mining stocks, particularly GDX, examining its performance relative to gold, support levels around 32-34, and the influence of the broader stock market. Jordan shares insights on the potential for these stocks to break out and the factors possibly driving that breakout. Additionally, look at the relationship between gold and silver stocks, the potential for silver stocks to catch up, and the impact of cost inflation and margin expansion on miners.

Click here to visit Jordan's site - The Daily Gold.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
View all podcast by KEReport

Subscribe for Clear Insights

Freshly dropped news & interviews delivered to your inbox daily.
Please review our Disclaimer and Privacy Policy.

More Clear Commentary:

Cover for Gold Rebounds but Silver, Miners & Juniors Lag

Gold Rebounds but Silver, Miners & Juniors Lag

Cover for Jordan Roy-Byrne – Technical Outlook On Gold And Silver - Why Being Positioned In Growth-Oriented Juniors Will Outperform Seniors As The PM Bull Market Evolves

Jordan Roy-Byrne – Technical Outlook On Gold And Silver - Why Being Positioned In Growth-Oriented Juniors Will Outperform Seniors As The PM Bull Market Evolves

Cover for Gold Stocks Explode, Silver Stocks Break out as Gold Stops Short of Breakout

Gold Stocks Explode, Silver Stocks Break out as Gold Stops Short of Breakout

Cover for Gold & Silver Stocks Break Higher as Silver Approaches $40

Gold & Silver Stocks Break Higher as Silver Approaches $40

Cover for Jordan Roy-Byrne - Gold & Silver Stocks Outperforming Gold & Silver, Early Stage Bull Market Action

Jordan Roy-Byrne - Gold & Silver Stocks Outperforming Gold & Silver, Early Stage Bull Market Action

Cover for Jordan Roy-Byrne: Precious Metals Correcting Along with the Entire Commodities Sector

Jordan Roy-Byrne: Precious Metals Correcting Along with the Entire Commodities Sector

  • Tweet
  • Share
  • Share
  • Share
  • Share
  • Share
  • Tweet
  • Share
  • Share
  • Share
  • Share
  • Share