Silver, often considered the "poor man's gold," has been under scrutiny lately as it seems to lag behind its more illustrious counterpart. Traders and investors are closely monitoring silver's behavior relative to gold, seeking potential opportunities amidst this divergence. Let's delve into the technical analysis to discern potential trading...
The Silver/ Gold ratio on the 1W time-frame shows the price trading within a Triangle pattern, with the price almost reaching the top two weeks ago and currently getting rejected. On the long-term, the break-out of this pattern will determine the next trend so be prepared but as long as it holds, then Gold (XAUUSD) should outperform Silver (XAGUSD) within the next...
$SILVER - STILL WAITING FOR THE SHORT SELL AREA.
It has been a nice run from the $17 range where I bought my first #silver bags.
I think Silver can perform well from a macro perspective but the $25.50 range will be strong resistance.
Are you owning any precious metals?
Centuries ago when the gold and silver standards existed the Gold to Silver ratio was
fixed at 15. Decades ago the ratio was 55. The US dropped the gold standard in 1971
( Thanks Richard Nixon ?) In floating since then, the ratio in modern times has been 75/
It can be said that below 75 gold is undervalued in comparison with silver while
over 75 it is...
Silver is about to reach a macro fibonacci golden pocket, this could be a good time to buy silver (preferably physical silver).
Make sure to do your own research, this is no investment advice.
Forecasts and forward-looking statements always involve risks and uncertainties.
Some things you might want to look at:
Gold/Silver Ratio
Silver/SPX Ratio
Silver...
I love the setup in the Silver/Gold ratio here. Big upside with super low downside risk if you trade it as a pair, going long 1 lot of Silver futures vs 1 lot short in Gold futures. There was a 14 week down trend signal that expires today, which predicts a relief rally of 14 weeks could occur starting here. The daily chart has a bullish trend signal confirming...
To support a strong up move in silver, gold should be performing as well.
Reasons why gold will be performing and could retest August highs on the last week of February, and after making a pull back into early March creating a cup and handle pattern - storm to 2500 by April:
1. During March - November period gold has made a 9 month long picture perfect bull flag....
I've looked into the SILVER/GOLD ratio a few times in the past and I can tell with a certain degree of confidence that we have a strong confirmation that Silver will outperform Gold in 2021.
The reason is the MA50 (blue trend-line) on the 1M chart, which broke earlier this year and since August has turned into a Support. Since 1993, every time that happened (1M...
Been stacking at the lower levels, but hoping markets breathe a sigh of relief after the election, causing a dip in Silver to around $21. After that, should be on a tear to $47 over the next year or so. Silver of course DOESN'T have to dip to go to $47, just hoping it does for a good buy opportunity.
Hi Guys
I bring you here the gold/silver ratio, we played this game beautifully selling Gold for silver at 118:1. It is currently 72:1.
In the short term I can see it testing 82:1, but as you can see here it had broken the 200 Week moving average about 3.5 weeks ago.
Previously the Ratio was below the 200WMA for 128, 202, 14 weeks respectively. With the...
Silver has had a strong leg against gold
Not overextended yet, but wouldn't be weird to have a common retrace to common fib zones
Expecting continuation of silver strength but needs a breather short term
It simply means silver is better to buy performance wise than gold.
Question is Silver could be the new gold?
How & Why?
Silver is seen as a better reflationary asset a hedge given from industrial and tech applications
Most of half the silver material is used in tech electronics such as connections, wires and jewellery
Silver is out performing gold
...
70:1 GOLD/SILVER ratio is the average ratio when silver is treated as an industrial metal. However, if you believer Silver will be receiving monetary investment demand, like Gold has been, then 70:1 may become the neckline for a much more aggressive silver price and a ratio closer to 20:1 in Silver's favor.
That means if Gold hits $3,000 an ounce like Bank of...
My fundamentals and technical analysis suggest the Silver is on an uptrend channel. Gold-Silver-Ratio indicates a strong dislocation in the precious metal market. Silver bounced back from 11.6 to 16.11 (at the 0.618 Fibonacci retracement line). Using a Pitchfork, I drew the upward trend crossing through the middle of multiples tops and lows since the 18 March (the...
Due to fundamental reasons (trade tariffs, sudden currency devaluation of the Yuan and stock market crash) impulse wave 5 of Gold has broken through the blue doted resistance trend-line and is near its ATH (Gold/EUR chart).
However, there are 3 other strong resistance lines:
- dashed violet resistance trend line (currently around €1360.-)
- horizontal ATH...
We only have data stretching back to 1998, but from what we can see, it seems quite clear when has been a good time to buy and sell silver.
The question is: will it continue? Are the RSI and Bollinger bands reliable indicators for future buy and sell points?
Any thoughts or discussion points? Fire away.
Silver Gold ratio is near bear market lows/bottom.
This is the Monthly chart and a double bottom and higher low was recently seen on the ratio with a monthly hammer candlestick.
We may be pretty close to a final low bottom in the silver and gold. Gold may swing down one more time to near 1000, however miners may hold up better.
This low in the metals seems to...
