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!
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。