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TimiOnur

Gold/Silver Ratio will Break the 375-day Triangle Pattern Soon

Short
GOLD/SILVER RATIO (TVC:GOLDSILVER)  
TimiOnur  
TVC:GOLDSILVER   GOLD/SILVER RATIO
Double Top or Bottom Wedge Triangle goldsilverratio Gold Silver
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doubletoporbottom wedgepattern triangle goldsilverratio gold silver
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 to 76 levels.
  • Scenario 2 : Gold/Silver Ratio hits 81.58 and retreat to the 86. And then goes to 76.
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