papeeeboy
Long

GOLD SILVER RATIO

Great breakout followed by a nice pull back. Gold             and silver             ratios trending higher usually means lower precious metals prices. Oddly enough, the breakout came because gold             outperform silver             . 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             behind.
Target on gold             and silver             ratios is 86-87, you will find me buying silver             at those levels!
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