Understandable given the Euphoria in the Precious metals markets the past two weeks.
Is the Bull Run completely over?
I don't think so.
#Silver has yet to Hit $95
and is merely testing it's own breakout level of its historical all time high's.
As this ratio is indicating the past few weeks it appears it wants to come back into previous resistance zones and also reset the RSI to around 50, so still in a bull market.
Would be a welcome correction.
Is the Bull Run completely over?
I don't think so.
#Silver has yet to Hit $95
and is merely testing it's own breakout level of its historical all time high's.
As this ratio is indicating the past few weeks it appears it wants to come back into previous resistance zones and also reset the RSI to around 50, so still in a bull market.
Would be a welcome correction.
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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.