Jordan Roy-Byrne – Gold Still in a Down Trend for Now

from Financial Survival Network

Jordan Roy-Byrne joined us for a look at the latest precious metals smackdown. As he said at the Vancouver Metals Investor Forum in January, gold is still technically in a bear market. Until it starts making higher highs and higher lows, this will continue. He was hopeful during gold’s recent advance that it would break the trend line on the upside, but alas the rally ran out of gas. We probably won’t see a steep decline, but we’ll have to wait for the later in the year and see where it goes.

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