Bosphorus_Capital
Long

Sell Silver, Buy Gold Pair Trade (Long XAUUSD/XAGUSD)

The current upwards correction in gold             (see linked view below) I think can be pair-traded by buying gold             and selling silver             to hedge.

Gold/Silver ratio             is moving very nicely and impulsively up towards A=C target of 79 which implies a silver             price of 15.7 vs. current gold             price of 1239.

Silver             seems at least 10% rich now.

If gold             does indeed go to 900 after reversing from 1270/1320 area as expected that implies a silver             price of at least 11.25
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out