TheDailyGold Podcast

Episode 148: Why Gold is Steady & What Will Trigger New All-Time High

07.30.2023 - By Jordan Roy-ByrnePlay

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Vince Lanci joins me to discuss the Gold market and three things. He informs us the details of the contract rollover last week that caused Gold to jump $40 on some trading platforms. He also discusses the three reasons why Gold is holding up well and then what will cause it to breakout.0:00 Intro1:20 Contract Rollover11:30 Contract Rollover Conclusion18:28 Why Gold Holding up Well19:50 Vince Answer26:00 End of Answer & Gold Breakout27:55 Tactical vs. Big Picture29:15 Time Decay31:40 Vince Observations on Market40:00 Weekly Close Above $198742:00 Open Interest42:35 Support/Resistance Levels45:50 Gold vs. Stock Market46:50 Interest Rates, Bear Markets & 1960s49:30 Money Moving into Hard Assets

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