Great breakout followed by a nice pull back. Gold and silver ratios trending higher usually means lower precious metals prices. Oddly enough, the breakout came because gold outperform silver. This breakout on the ratios may suggest that the metals are going to take a breather before the next leg up but If current market conditions continue, this indicator may prove false and gold will continue to go higher leaving silver behind.
Target on gold and silver ratios is 86-87, you will find me buying silver at those levels!
Target on gold and silver ratios is 86-87, you will find me buying silver at those levels!
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。