xau can reach 2500 dollar and in this growth silver can reach 50 dollar ! it can be better investment :-)
Thanks for viewing. Following because of USD holdings and USD denominated assets - including assets negatively correlated to the USD - like gold. USD held as a hedge against weaker local currency and against gold positions. Whatever your personal belief on Elliot Wave, I am not imagining a very clear 5 waves down (labelled (i) to (v), since the march 2020 high....
XAUXAG ratio has reached the support line running from 2011 which has now turned into resistance and bounced back strongly. Our research team expects a bounce in the precious metals market and short term price target for the ratio is 75.
Thanks for viewing, Short-term short view (not shorting), then long again. I can't see a very good reason for a gold correction other than; - Everything needs to correct - it's never a straight-line move, - It is possible that big banks (possibly even the Custodians for major gold ETFs) are being forced to sell-off reserve assets to cover losses or to put aside...
Thanks for viewing, Initially posted in 2019. I was a buyer of silver bullion since silver crossed the 80 mark. That included adding significantly to the holdings during the steep drop earlier in the year. It hasn't always been a comfortable trade, but it has worked out rather well to date. What I expect next is, despite continuing tail-winds for bullion, the...
Which trend can you follow "Daily" Price sometimes moves independently from 'time'. Look at trends and mark those in "Renko" bricks. Then use your candle charts to trade interday moves knowing the TREND! Watch the Gold/Silver ratio TRADING GUIDE use DAILY trends to plan buy/sell orders... GOLD-SILVER RATIO TREND GOLD AND SILVER...
No moves until new or Markets post big declines. Good Tranes for selling IC's or Credit Spreadts -Sell Put Spreadfs at dips and sell call spreads on peaks Watch for BIG moves up with any bad news or down market days. No rush to get in till after 9am market moves settle. If you have access try futures on /SILU0 and /MGCZ0 as good buys at bottoms. Hedge with...
This ratio will help you to forecast XauUsd & XagUsd. When you forecast gold and silver next moves also use this ratio as an indicator. Currently this ratio is bearish, but expect some correction soon. Bearish ratio means XauUsd has more weakness than XagUsd, and vice versa.
I find the current overvaluation of gold compared to silver very exciting. As you can see on the chart, the XAUXAG's ratio style rebounded at the upper falling resistance level in April (82.58 to 1) and is now heading back to the bottom for the next few years before ending in an overvaluation phase of silver. A first goal is the ratio of gold to silver from 50 to...
My view for the next years. Greetz from Hanover, Lower Saxony Stefan Bode
Assessing the G/S ratio and my prediction of $10,000/oz by 2026, the price of silver could potentially hit $400/oz by this time as inflation runs out of control.
I don't know how many of you speculate on the Gold/ Silver ratio but I do. And I have come across an interesting pattern in 2008 during the Subprime Mortgage Crises that may be repeated now during the COVID crisis. As you see on the chart, the LMACD is the key indicator on it, and it has topped at 0.069. At the same time the price action is very similar with 2008...
silver may fall to 11.xx$ again soon due to global market crashes . get any sell opportunities above 18.20$. if market crash goes deeper we can see the silver price below 10$. good luck.
It's almost time to cash in your AU for AG.
Thanks for viewing. This is a wee update on an older post. What has changed recently? - I amended my label for the upper range from "sell gold and buy silver" to "hold gold and buy silver" for a couple of reasons; 1. I hold gold mainly as a hedge against local currency and USD devaluation generally and also increasingly in light of increasingly obviously...
Silver Overview Silver broke north as depicted in my previous silver post to close for the week at the 16.6 level which sees the major swing low. A level reflected before the drop a lot of markets encountered in March 2020. This is to be acknowledged, as the Bulls need to contend with these prior price points. The bears will be defensive preventing the bulls to...
The breakdown of the ratio is indicative of a bull run in PM. I would expect the ratio to hit 100 in the coming weeks/months and expect a breakdown of the ratio in the coming years as the bull run really gets going.