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

Tom Winnifrith Saturday 14 April 2018

 

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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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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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Tom Winnifrith Bearcast: Shame on PWC & Numis, Hat tip Jim Mellon and ouzo for a vindicated Lucian Miers

Jim Mellon says he loves listrening to my podcasts and has sent over a very interesting article following the pulled We Work IPO which I discuss at length. The into PureCircle (PURE) which Lucian has called brilliantly, notably here. Yesterday’s shock warning tells us so much about the disgraceful apathy of folks like Numis and PWC when evidence of aggressive accounting was there for all to see over many years. I discuss another company shown to be swmming with no trunks. It will not be the last.

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