ShareProphets

Thursday 26 April 2018 ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Gold

Video: Setup for a Breakout in precious metals but When?

By Tom Winnifrith | Saturday 14 April 2018


 


Over to the only technical analyst not to be dismissed out of hand, Jordan Roy Byrne who argues that gold failed at resistance Wednesday but remains in position to break out anywhere from very soon to in the summer. Its increasing relative strength has brought it very close to a breakout. Meanwhile, the stocks are trading in tighter and tighter ranges and are set to move up aggressively and sustain it if Gold can close above $1360-$1370. It is all in the latest video from Palisade Capital.


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