We have almost reached the 0.618 fibonacci level of 68.07.
I think we will retrace back to the 0.786 fibonacci level at 52.2.
My long term gold target is $2354. At a gold/silver ratio of 52.2, silver would be around $45.
I think we will retrace back to the 0.786 fibonacci level at 52.2.
My long term gold target is $2354. At a gold/silver ratio of 52.2, silver would be around $45.