I think Gold is set to outperform Silver substantially here (tends to move in tandem with equities rallying...). Silver drops much more than Gold does when there's a big risk on move in stocks. Quarterly, weekly and daily have strong signals in this pair, definitely an interesting trade to generate some alpha if it works. Reward to risk is good, 1.37% downside risk for the ratio, but a ton of upside.
Cheers,
Ivan Lagru.
Cheers,
Ivan Lagru.
Trade active:
Good spot to add.
Good spot to add.
Trade closed manually:
This might be a good exit, in case silver recovers. I'm a bit less optimistic about stocks, this ratio might go lower if my risk off scenario pans out.
Target in the long term.