XAU/XAG retest 0.618
What does this tells us?
OK, very simple:
If you want to long , please long silver
if you want to short, please short gold .
You can even consider to do it at same time!
As the XAU/XAG ratio is very high likely to go down!
To lean Jack's Full Trading System: http://www.harmonicasia.com/index/course.html Youtube: https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx FB: https://www.facebook.com/groups/projacksg/ Weechat ID: 32114564
I think ratio trades should be traded together. Long silver short gold at the same time and the same value amount.
I like the longer term ratio set up. I'll be buying some serious silver at around 85 plus! keep up the good analysis!