This is the same chart posted a couple times before, but the rounded bottom I was hoping for starts to building. We will know if its an Adam&Eve after the ratio will break 0.17-0.18.
Momentum is diverging, forming a possible IH&S, and as the title says, its popping out of the downtrending channel from the highs.
Last week's sentiment and public opinion readings were at the low level but not reached extreme pessimistic areas.
Still not out of the woods, as the say, but all these elements together with the close to record amount of shorts in silver in last COT's, says that bigger positions towards silver probably will perform better than Gold's. Personally my exposure is 60/40 in major vehicles and 70/30 in the leveraged one's or silver junior stocks to majors.
Last two-three weeks were extremely profitable in the sector. After long, long time in the pain.
All the best guys