Jordan Roy-Byrne, Founder of The Daily Gold shares his thoughts on the overall market for precious metals. He points to a lack of support in the CoT reports for gold as the price was moving down and broke $1,300. This week’s CoT will be important to watch. We also look at the SIL and SILJ charts. These are some weak looking charts which should be a concern for the silver market in the short term.
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Gold’s Jobs-Friday Plunge — Adam Hamilton (01/18/2021)
Interview: Key Gold & GDX Levels After Last Weeks Selloff – Source – TheDailyGold (01/15/2021)
Interview: An Update On Gold And The Markets – Mike Swanson (01/14/2021)