kmk.msp

GOLD/SILVER Ratio

201 2 6
7 months ago
Possible scenario for Gold/Silver ration. If it happens than since Gold             has broke out from consolidation while silver             has relatively remain calm due to Gold/Silver ratio             . If Gold             from now corrects and came down than Silver             will come down faster. If silver             reaches 16.35-16.5 than it will be great opportunity to go long on silver             .
7 months ago
Comment: Bounces from low. May retest trend line before further move down.
6 months ago
Comment: Retesting of old assending triangle is taking place before bear take control. Silver has reached important place at 16.35 old strong resistance now support.
Scenkciler
7 months ago
Gold and silver have positive correlation. I asked for clearly, you think gold will down ?
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kmk.msp Scenkciler
7 months ago
Yes gold and silver has positive correlation but degree of positivity or negativity changes with time which depends on Gold to Silver ratio. Positive correlation always hold. I said above that if gold down , because for every impluse there is some correction before next impluse up or down. 1270-1280 was the area which hold the price below this area for more than 7 weeks. It may retest this area..
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