Gold’s Setup Into The Fed Statement – Spec Positioning, Breadth, and Breakouts In Foreign Currencies
Jordan Roy-Byrne, Founder of The Daily Gold joined me for a discussion on the set up in the gold market heading into the Fed meeting. We look at the spec position in gold and the USD as well as how gold has been preforming against other currencies of late. Finally a comment on the overall breadth in the gold stocks, which are great indicators of a potential breakout.
Click here to visit Jordan’s site for more comments on gold and select gold stocks.