#Gold / #Silver Ratio: It's been tap dancing around the 87 level for 2 years. This look like it's going lower to me - 81 next target. $GLD $SLV $SIL $GC What do you guys think?
Gold & Silver investors, you need to keep an eye on the gold to silver ratio. The ratio helps us in deciding how to allocate our portfolio with gold and silver. The ratio can also help us to identify trend changes and understand what is happening in the metals market. During a metals bull-market the ratio moves decisively lower. On the chart you can see that...
In silver, we had a strong move upwards from the $17/oz range to a high of roughly $19.755/oz. Recently, however, the price has failed to maintain momentum to regain those highs and has steadily pushed lower in an evident regression trend on the daily chart from 05 Sep 2019 to the present. I believe that silver will retest the $17/oz range, and from there, we will...
The Gold/ Silver ratio is the proportional relationship between the respective spot prices of Gold and Silver. Put simply it describes how many ounces of silver can be bought with one ounce of gold. The ratio has been on a bearish trend since early July as Silver initiated a very aggressive cyclical rise and despite the early September decline on both metals,...
This could be really bad news for the silver bugs(me included) but P&F chart shows continuation of the trend which might exceed 100. I more tend to be bullish on the gold rather than silver at this stage due to some accumulation from the central banks, but gold reaching 2000 means silver stays around 20 for long period of time. If you notice 2007 when the...
As SLV appears to be entering into a bull market phase, interesting to see possible channel ranges. In 2021, I could imagine to see $40 as the midpoint. That could be consistent with a gold/silver ratio moving down to 40. Of course, knowing how silver trades, a $2 smackdown could occur in any moment ;-)
Still awaiting key level to break... in the past few cycles it was stubborn and required a retest of the overhead supply breakdown (about 86.0)... currently the level is around 83.0. The bottom panel shows the ratio... on top panel I have plotted SnP500 in blue and gold (in gold color) and silver (in silver color). You can see the lats two crisis also had...
The fall of this ratio would mean silver would give you more return than gold. So, its better to buy silver than gold if you are willing to trade commodities. Silver's long term target is at 24 (18.16 as of writing).
Gold / Silver Ratio is resuming it's downward trend after backtesting long term trend line. Good probability that this trend will continue. 1) Falling GSR confirms bullish trend is still intact. 2) Expectation of silver to lead gold during the next move up. Gold had a lot more volatility vs. silver during the last run up (choppy price action trading mostly...
The current Gold/ Silver ratio is settled at around 88.5 (at press time) this represents a historical outlier and a fantastic opportunity to leverage the movement of silver to great effect. As you can see the ratio is in a rising wedge, with it set to resolve in the not too distant future, these patterns tend to run quite long before resolving, usually into the...
Post making multi decade high, steep drop and now consolidating. Looking at other macro factors, why should it not been seen as staring of wave 3? Supported by multiple Inside bars, a break should initiate that? looking for feedbacks on this..
Betting on laggards is like hoping to get drunk by being late to the party.
During the next crisis you will see silver rise 2000% imo. Last time when dollar was in bear market silver rise 1000% except this next crisis will completely destroy the dollar as the world reserve currency imo.
That's a long way down.... :) Sitting on the edge of the cliff. Comparing price action in gold and silver today. Silver looks ready to take the lead. Metals setting up for a big rally. Looking back gold rose over $400 in two months 2011. Banks are used to dumping paper gold shorts hitting sell stops, driving the price down. Lately it looks like those sell...
Silver prices are suppressed for several years now the first signs of recovery are here
Perfect oppoertunity to Short XAG/XAU and buy silver until it's still cheap.
gold to silver ratio will minimize. price increase in silver. soon ratio of XAU:XAG will go from XAU=80XAG to sub XAU=30XAG.
Commodity and Fixed Income Series : Part 1 Commodities ( Ratios+the most popular and widely traded Commodities ) The Essential note s from this chart are the following( Indicator analysis included in the comments ): {4.5 minute read} To begin with the easiest part of the chart. The supports were identified on the quarterly chart which will be linked in the...