Monthly Charts Signal Lower Precious Metals Prices In October | Investing.com

Commodities Analysis by Jordan Roy-Byrne, CMT covering: VanEck Vectors Gold Miners, VanEck Vectors Junior Gold Miners, Gold, Silver. Read Jordan Roy-Byrne, CMT’s latest article on Investing.com

The trading month doesn’t always end on a Friday but when it does we like to take a look at the monthly charts. Generally, I prefer daily and weekly charts because they have more data points. However, monthly charts carry more significance than weekly charts which carry more significance than daily charts. You get the point. One reason and a good reason we expect the current correction to continue is the sector monthly charts.

Source: Monthly Charts Signal Lower Precious Metals Prices In October | Investing.com

Janet Yellen, OPEC, Oil And Gold

Gold and precious metals investors should not start the day until they have Kitco’s Global Trading Director Peter Hug’s opinion of the marketplace. Hug’s daily commentary highlights important events that happened overnight and important reports to come; he prepares investors for their day by providing important support and resistance price levels.

Source: Janet Yellen, OPEC, Oil And Gold