Looks as though the Gold to Silver Ratio has peaked just over 100 and the popular pairs trade of Long Gold and Short Silver has run its course.. Back Up We Go... See Chart for Details and Target Price. Should Bernie Sanders upset Biden tonight, it would justify a more explosive move to the upside. AMEX:JNUG AMEX:GDXJ AMEX:NUGT AMEX:GDX TVC:SILVER...
Monthly chart with a huge breakout and retest of the 83 level. Target is about 130 on the gold/silver ratio if this is correct and we don't return under 83 anytime soon. This means that Gold will outperform silver long term - but keep in mind there are two possible scenarios to this 1. Both rise but Gold rises much more than silver 2. Both fall but Silver...
I've had an affinity to silver for many years. For last batch of years, I've been watching and waiting for any real sustained interest in it wanting to stay above $17.12 on the SLV chart... This last thrust is convincing. I marked a zone of $17.12 - $17.80 for great time to load up for what could be the biggest SILVER EXPLOSION in our lifetime. Many factors...
Supporting the SILVER EXPLOSION idea... here is the rising wedge on the Gold / Silver ratio chart. Below is an example of a rising wedge from the BCH/USD chart that recently played out to give you an idea of how these can move. Looking at the SILVER EXPLOSION chart, and using this as supporting evidence, only adds to the probability of much gains.
Gold prices continue to remain in the rising trend, although the upward region has slackened occasionally, the bear market has not been switched. When we look at the gold / silver ratio, we see that silver is preferred more. Relativity technical indicators can be observed here. A new idea for gold will be shared in a different analysis when the time comes. I will...
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).
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...
Here we can see that the market has reached the requirements for a 5th wave since the lows at the beginning of the year. It also came very close to the Vth target from the entire wave over the decade. If the thesis is correct, we are able to make a case that Silver will outperform over the coming Months and Quarters. Here looking to play the move in mid-term...
XAU/XAG – Monthly Resistance & Support: Resistance: 86.00 Support: 74.00 XAU/XAG – Summary: Expected to start a Bullish Swing from the current 79.00 Levels and complete the Ending Diagonal pattern at or around 86.00 Levels Bearish Impulse expected at or around 86.00 Levels