Jordan Roy-Byrne

Jordan Roy-Byrne

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, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.

Here’s 5 Reasons Gold Stocks Will Breakout In 2018
By Jordan Roy-Byrne - January 03, 2018
1. There are very few sellers left There were very few sellers left in January 2016 when the devastating “forever bear” was about to end. Six months later and a 150% rebound in the large caps and 200% rise in the juniors (GDXJ) provided sellers an opportunity. They d
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Five Charts That Show Historic Value In Gold Stocks
By Jordan Roy-Byrne - December 23, 2017
Back in early 2016 as precious metals rebounded, our work showed that gold stocks were arguably the cheapest they had ever been. They had the worst 5-year and 10-year rolling performance ever, they were trading at potentially 40-year lows on a price to cash flow basis,
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Relief Rally in Gold Stocks
By Jordan Roy-Byrne - December 16, 2017
In recent days the gold stocks (GDX, GDXJ) traded within 1% of our downside targets of GDX $21.00 and GDXJ $29.50. Last week we wrote: “the miners are getting oversold and a bounce could begin from those levels.” GDXJ troughed first last week at $29.84 while GDX printed
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Gold Stocks Break, Gold Price To Follow
By Jordan Roy-Byrne - December 08, 2017
We’ve been persistently bearish on precious metals since September and that has annoyed our readers. The weak price action, negative divergences and bearish fundamentals are too much to currently overcome for the time being. The gold stocks finally cracked this week and
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Gold Fundamentals Not Bullish Yet
By Jordan Roy-Byrne - November 29, 2017
Too many technical analysts dismiss fundamentals. True, technicals usually lead fundamentals but understanding the fundamental drivers (when it comes to gold) can give you an edge. Gold and gold stocks have remained below their 2016 peaks even in the face of a very weak
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What History Says for Gold Stocks in 2018-2019
By Jordan Roy-Byrne - November 21, 2017
It has been a while since we’ve applied historical analysis to the precious metals sector. It is something we really enjoy as history can help define and contextualize current trends and help us spot opportunities. Back in March of this year we noted that the gold stock
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Negative Divergence In The Gold Stocks
By Jordan Roy-Byrne - November 09, 2017
After a severe selloff, precious metals have enjoyed a bit of a respite. Corrections are a function of time and/or price. The correction to the recent selloff has been more in time than than price. Metals and miners have stabilized over the past nine trading days but ha
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When Will Rising Yields Benefit The Gold Price?
By Jordan Roy-Byrne - October 31, 2017
Over the past two years, gold has been inversely correlated to bond yields. In a low inflation environment, falling bond yields drive real interest rates lower which benefits gold. Conversely, rising yields are generally negative for gold. When long-term yields exploded
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Time For Caution In Gold Miners
By Jordan Roy-Byrne - October 21, 2017
Last week we noted the likely negative impact of a sustained rebound in the US Dollar on Gold. Recent weakness in precious metals has not been much of a surprise considering the sector’s relative weakness months ago amid a weak US Dollar. While the greenback has bottome
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US Dollar Outlook And What It Means For Gold Price
By Jordan Roy-Byrne - October 13, 2017
The US Dollar Index (USDI) bottomed in September a hair below 91.00 and has recently rallied up to 94. We were skeptical Gold would break its 2016 highs as it failed to show strong performance in the wake of the USDI’s decline to new lows. The market was discounting a c
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