WinstonWolfe

The Gold to Silver Ratio is Fragile Here

Short
TVC:GOLDSILVER   GOLD/SILVER RATIO
The gold to silver ratio appears to be nearing a breakdown lower. If this were to happen this would be incredibly bullish for both gold and silver. The gains in silver over the coming months would be incredible provided the level of 110 is broken and stays there. I would expect a bounce above 100 once it breaks lower, but then I would expect to see a complete breakdown in the ratio with the gold and silver rally in full swing.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.