Precious Metals Video Update: Gold & Silver Stocks Building To 2020-2021

The precious metals sector remains in a correction and Gold could test $1390. The gold and silver stocks continue to hold up very well and this is a good sign given their potential for huge upside over the next 12 to 18 months.

Miners are holding up well and showing good relative strength. There is good reason for optimism.

Talking Points From This Week’s Update

  • Gold may retest 1400 and the CoT report.
  • Upside targets for GDX and GDX.J
  • Positive divergences in the charts.
  • The market is reflecting optimism.

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.

Jordan latest book “The Coming New Bull Market in Gold” can be found for free on his website: https://thedailygold.com

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