@mann456 wrote:
Only if the reddit thing could push it maybe something out of TA zone
But buy gold sell silver is overdue
which means when gold kicks off fast silver will be slow
Not shorting silver but buying more of gold than silver as the gold /silver ration has gold at the upper hand.
often when a spinning top or depending on how you perceive if a, long legged doji occurs nears a key level or a trend line often reversals occur , could this be a reversal? or is it just a continuation candle for a downtrend , dependant on gold's performance , when falling the price drop seemed aggressive with large candles
thought and feedback welcome
I would be positioned short the ratio (net long silver/gold) as the ratio looks set up in a bear flag, suggesting medium term downside on the weekly chart.
