thekevin

Gold to Silver Ratio

Short
TVC:GOLDSILVER   GOLD/SILVER RATIO
Following up my outlook on silver , this furthers my bullish silver bias. The last monthly close has wicked massively from the topside. Either this is a channel that has broke above and bull trapped or (depending on where you draw your trend lines ) it could be a broadening wedge . Either way I would see this as bearish for the gold to silver ratio.

At the very least I surmise that this would have to touch/test/SMASH/DEMOLISH the bottom trend line , right?

To summarise. If this was a price chart for an asset; I would certainly be weary of longing it right now!
Comment: Tried to clean the lines up a little bit and also showing a lower time frame (weekly). Looks good!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out