Jordan Roy-Byrne, Founder of The Daily Gold shares some updated targets for the US Dollar, Silver and GDX. There are a lot of differing opinions on the dollar right now but even a further pullback does not change the charts to bearish. As for the bounce in PMs, we are not seeing silver or the stocks lead the way.
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.