Precious Metals Video Update: Sneaky Bullish Action in Gold Stocks

The precious metals sector has been in a correction for nearly 2 months. The gold stocks in recent days made mini-double bottoms as they continue to correct and digest the huge move over the summer.

Jordan examines the outlook for GDX and GDX.J, how it is currently consolidating and how overall it looks bullish.

Talking Points From This Week’s Update

  • The Outlook for GDX and GDXJ
  • GDX is holding onto most of its gains.
  • Jordan’s favorite indicators.
  • New targets for GDX and GDXJ

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 which 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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