Great breakout followed by a nice pull back. Gold
ratios trending higher usually means lower precious metals prices. Oddly enough, the breakout came because gold
. This breakout on the ratios may suggest that the metals are going to take a breather before the next leg up but If current market conditions continue, this indicator may prove false and gold
will continue to go higher leaving silver
Target on gold
ratios is 86-87, you will find me buying silver
at those levels!