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The View from the Montana Log-Cabin as Gold threatens to the upside earlier than expected

By Nigel Somerville | Sunday 23 May 2021


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Gold has had another good week, closing at $1880 – up from $1831 a week ago. ShareProphets’ favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com had been targeting up to $1850 as a point of overhead resistance and it seems that the line has been crossed – seemingly quite easily.

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