I took a look at the weekly gold/silver ratio and noticed a few significant patterns. For example, there was a notable acceleration downward following the break of a 3-year uptrend a couple of weeks ago. Additionally, there is support at the 74.65/63 level, which has been in place since January 2022. This observation reminded me of the importance of examining...
Huge event as GSR finally capitulates. It has broken down and targeting the floor of 30 oz silver to 1 oz gold. Ive told ppl I was accumulating all major crashes in silver since it dumped into the teens in the RONA crash. I was laughed at. But just like Bitcoin it was a game of patience. Long term will we see Silver return to its historical average of around 10...
It is clear, that one of the metals has to give way. The ratio is extremely low, and suggests that SILVER is reasonably overbought. strategy BUY GOLD and SELL SILVER with the current ratio of 79.80 and take profit near 82.5 ratio.
The GOLDSILVER ratio no boubt is heavy oversold, and very likely will recover back towards 82.00 Strategy BUY @ 76.00-79.00 and take profit near 82.00. SL is I feel not required, is my personal view.
Hey everyone! In the previous idea that I made on December 30 last year. I stated that a gold candlestick in the green zone determines the goldsilver price trend in 2022 and based on that I expected a zigzag and bullish price in 2022 for goldsilver. But what to expect in 2023? The trend of the candles indicates the fall of this index toward Fibo 78.6 and Fibo...
Traders, we have a breakdown in the gold to silver ratio. If this holds and is not a fake out, silver is heading a lot higher. I will keep you posted.
A sideways B of B wave is almost complete and a violent C of B may be next. A breakup on GSR would likely be larger drawdown in metals. If the GSR breaks down, it's very bullish for metals, but right now momentum looking like it wants to go up.
Gold/Silver Ratio will break the 375-day Triangle Pattern soon. There was a false breakout to the upside last week. Price couldn't break the trend line. Gold/Silver Ratio is expected to go down. Formed Patterns : Shooting Star Candlestick Pattern, Rising Wedge Pattern, Double Top Pattern on the momentum indicator. Scenario 1 : Gold/Silver Ratio quickly goes...
The Gold-Silver ratio, which represents the number of ounces of silver required to purchase one ounce of gold, is currently showing a bearish trend. This is evident from the ratio breaking its 19-day chart, indicating a significant shift towards bearishness for precious metals. This trend suggests that the market may experience many months of downside, which could...
Break below trend line may spark a rally in precious metals and even may mean that bear market in precious metals may be over
After an initial upside breakout of the gold silver ratio, it seems like an around the apex move is imminent, which will result in a sharp drawdown.
Hello, Traders Investors And Community, welcome to this analysis about the gold-silver ratio, its current price-action, and what we can expect the next time. In my observation, I found some significantly sings in the chart which will affect the ratio fundamentally farther the next days and weeks. The goldsilver ratio is an important ratio to track the number of...
Gold/Silver ratio chart. When gold/silver ratio exceeds 80, there will be a buying opportunity for silver.
The Gold/ Silver ratio is now highly correlated to the US Dollar Index . Why ? Simple . Because a "Real" precious metals bull market is always characterized by two main things ... 1. A falling US Dollar and 2. Silver outperforming Gold . Here we have both these indexes confirming each other and turning to the downside from my perspective . GOLDSILVER in...
The GOLDSILVER ratio is low, and MACD being positive right now, and a low RSI suggest this being a reasonable trade to look at. The strategy is to BUY GOLD vs. SILVER in of course measured equal USD values and take profit for the ratio @ 82.75 for now. Place stop-loss below 78.25 for now.
ratio chart monthly, will see what action under the red ma does.
4 hr chart works nicely, silver time to shine, watch for the bounce up to confirm trend
Silver is losing to gold as it has been for months, but we're getting close to the gold/silver ratio of 98-100 area. At that point this chart should reverse which likely means - Gold starts getting a bid and Silver starts to outperform Gold. So yeah this ongoing dip might be the one to buy for long term, but keep in mind this can go on for a few more months.