etfsandstuff

Gold / Silver Ratio vs DXY

Short
TVC:GOLDSILVER   GOLD/SILVER RATIO
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 white/black and DXY in orange/red
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.