Gold/Silver
Been watching the Gold to Silver ratio for years. These are perverse levels that cannot continue forever so prepare yourself. Currently you can get over 80 oz of silver for 1 oz of Gold. Look for that number to get significantly lower over the next few months. The previous low was 1:32 and I suspect we'll go lower next time.
gold versus silver still in bullish side while Rsi in (weekly and monthly) looks strong and searching for further up , but in last july the pair retraced 38% of last movement (2011-2016) . so if the pair haven't holds above 75's it will continue retrace to 50-55's area before continue its rally GLTA
Gold/Silver ratio looks to be topping out against strong resistance levels. This should see the trend reverse quite sharply as Silver is incredibly volatile. Should therefore see much higher silver prices in the latter stages of 2018.
The last 2 years the silver market is behaving similar to mid 2003 to mid 2005. Even if we assume that the Stock Market, Bond Market and Housing Market will not correct the coming 2 years, the Silver Market looks really bullish. Especially if we take into consideration the recent capitulation in the bullion market (www.bullionbaron.com), the "Crushed Profit...
Bad for stocks Good for gold short-mid term
First of all, in a technical perspective we shouldn’t deny that Gold and Silver are in an intact long trend with higher highs and higher lows from the last significant low of 12/15/16, where the market bottomed at around 1123 US$/OZ in gold and 12/23/16 at around 15.64 US$/OZ in silver. From their gold rallied about 12.52% to 1263.14 and is now currently pulling...
Educational Study: HOW TO TRADE "SPREAD" SPREAD is a strategy in future market. There are two spreads: Inner Markret / Inter Market Inner Market: Buy the GOLD FUTURE IN DEC and SELL GOLD FUTURE in Jan, or vice versa. Inter Market: Buy the Gold and Sell Silver or Sell the gold and Buy the silver. The beauty of this strategy is: You are safer for risky events...
Simple setup. Short gold buy silver with target around 54 oz. Silver was oversold harder than gold from 2011 peak. That's the main reason. Also silver is really utilisied not saved like gold.
Long term (~5 years) trendline broke, if weekly candle close below trendline, further drop can be expected in the middle/long run. My personal target level to exit is in the 56-60 range.
Both gold and silver are way oversold at the moment compared to US$ and likely to go up (depspite what mainstream will lead you to believe). So I'm not saying gold will be a bad investment.. However this chart just looks at relative merit of gold verus silver. As the line moves up that shows gold getting more expensive compared to silver. We can see that we...