The Daily Gold, Released on 3/7/23
Precious Metals are moving lower under the weight of the prospect of more Fed tightening as the end of the rate hike cycle approaches. However, if the cycle is ending this summer, then there is the setup for a potential double bottom in these markets.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and 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 the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.
gold, gold stocks, Jordan Roy-Byrne, precious metals, silver, silver stocks
Jordan Roy-Byrne: Important Support Levels in Silver & Gold Stocks added by Herman James on 03/07/2023View all posts by Herman James ?+'