Here is a historical chart of the gold/silver ratio
. From my research we are in a lagging bullish
condition. If you take a look at the ratio, we can see silver
often runs or drops before gold
. With that knowledge we can get ahead of the curve when we see a fast rising gold/silver ratio
. We also can see in this chart we have lagging conditions. It looks as if we are ready for a very bullish silver
run followed by a gold
run. I can not promise we can see further downside on gold
, but I can promise we are closer to a silver
bottom or have already hit rock bottom. Unless the ratio crashes once again.
For those of you that want to add the spread; Enter your symbol and hit the divide button. After you have a / by your first symbol, manually add the second symbol for your spread condition.
Thanks for adding spreads TradingView. This is a big help for traders.