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WARDINVAI
About me I live in London, UK.
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100 % commodities
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GC1! 100% | 1
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gc1! gold hedged long si1! silver Less Tags Show All Tags
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Buying Gold whilst hedging by shorting Silver.
GC1!
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GC1!: Buying Gold whilst hedging by shorting Silver.

With the possible trend lines for gold (GC1!), it looks like we saw a fake break out of that range today, culminating in a doji candle. This on its own is not a good enough buy signal - granted, but if we overlay the price of silver (SI1!), we see that silver has shown a high correlation with gold but with higher peaks and troughs. With gold now at a point which...

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