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Goldsilverratio

Silver burst to 87 on Monday 5th-Friday 10th : nutsHi everybud, 17% upward opportunity gain for the week coming (war fade) - Downward Feb/March (war) Pierce-Box fading pressure with strong upward; burst more likely later on (10th) - Silver vrvp 'on balance' is 87ish, ma 50/200 going to cross RSI, MACD are on the green side, not overpriced - Some mention of an inverted head and shoulder pattern ignited yesterday - Comex figures out on Fridays, 3rd is Bank Holiday (>Monday), with strong upmarket moves since november - G/S ratio possible downtrend with vrvp room (on the right) (gold stock aren't depleting) Also this month :Aluminium is hot with Ormuz, oil aswell Not an April Fool! Let me know your thinking
TVC:SILVERLong
by JiemDarmstxyz
1
Metals Stays Bearish As Gold/Silver Ratio Climbs HigherI assume metals to stays bearish as gold/silver ratio is still missing that third leg up, which shows room for 72.77 based on minimum expectations. We know that model shows bearish trend for metals when ratio is up and a bullish when ratio is down. But key resistance for Ratio hasn’t been meet yet Looking at XAUUSD, we see that price is in a strong decline as expected, it even accelerated down within third leg down after breaking below the 5000 level in the last two weeks, and then stabilized just above 4100 level. However, since we only have three waves down so far, with an extended wave three, we should still be aware of more weakness after current wave four rebound. In that case, 4500-4700 could act as near-term resistance for this bounce and potential turn down as market trades below channel resistance line, near 4800. On the downside, the next important support for this whole wave C comes in around 3890, which is the swing low from October 2025. That area could be an attractive zone for potential stabilization, especially as then gold would be down close to 30% from its all time highs. Grega
PEPPERSTONE:XAUUSD
by ew-forecast
2
Gold/Silver Ratio: Bullish Pennantthe gold/silver ratio follows path posted last month gold is going to beat silver heavily and Bullish Pennant pattern detected on the chart (blue lines) supports the idea the ratio already broke above the pennant and consolidated down in the classic textbook pullback the price might resume the upmove soon to hit the target of 86 oz (calculated by adding preceding upmove to pennant's break point) which is beyond the normal range but its still good as overshots are acceptable RSI confirms current consolidation around 50 "waterline" and should keep above it to support the bullish move gold is fear, silver is development - fear beats development
FX_IDC:XAUUSD
by aibek
SILVER Sharp 4 Percent Dip as Deficit Meets Breakout Window**Todays selected single focus asset: Silver (XAG/USD)** **Asset chosen because: highest intraday volatility among all commodities with 4 percent plus swings, dominant macro theme of structural supply deficit versus monetary and tariff flows, and clearest trader interest with heavy volume on breakout attempts today.** 💡 SILVER Sharp 4 Percent Dip Creates Prime Bullish Entry as Deficit Meets Breakout Window 🚀 ## Daily Silver Briefing February 26 2026 📈 ### 1. Executive Summary Silver is flashing a sharp intraday selloff after its recent parabolic advance yet the setup remains structurally bullish thanks to a persistent 67 million ounce annual deficit and accelerating industrial offtake from solar and electronics. Traders should care right now because this volatility spike delivers one of the highest risk reward opportunities in commodities with clear technical levels and imminent Fed commentary that can ignite the next leg higher. Overall bias: Bullish. Expected move range today: 84.00 to 91.00 (methodology: observed session range of 4.507 USD scaled to full day close using standard volatility projection). The single biggest reason to be long this asset right now is the record structural supply deficit colliding with surging fabrication demand. The single biggest risk is a hawkish USD spike on stronger than expected US data. ### 2. Asset Overview Silver is a dual purpose precious and industrial metal used in jewelry investment bars coins and heavily in manufacturing for solar panels electronics batteries and EVs. Key drivers right now are industrial demand accounting for over half of total consumption, tight physical supply, and its amplified sensitivity to USD moves and real yields compared with gold. Fundamental context shows speculative accounts adding to net long positions per the latest COT while flows remain supportive on green energy tailwinds. The competitive or macro moat making this setup hard to replicate today is silver’s unique combination of monetary safe haven status and irreplaceable industrial role in the global energy transition which no other asset matches at current pricing. ### 3. Price Action and Levels Current price 87.50 USD plus daily change approximately minus 3.8 percent (sourced from Investing.com futures data as of 08:41 and cross checked with FXStreet 09:30 GMT update) plus session high 90.275 and low 85.768. Key technical levels: Resistance at 92.00 (key intraday from multiple analyst notes) and 93.09 weekly Sell 2 level. Support at 85.00 (today’s session low) and 80.22 weekly mean. Pivot Point R1 R2 S1 S2: Not publicly available in exact real time format from official sources consulted. Fundamental driver today specific to this asset is profit taking after testing 92 resistance amid elevated implied volatility following the January parabolic move, with historical comparison to similar sharp corrections in 2011 and early 2020 that ultimately resolved higher on supply shortages (current deficit far larger than those periods). **Daily and macro charts from official credible sources below with detailed visual descriptions.** The first chart is the official CME Group long term historical price comparison of gold and silver from 1975 through 2025. It displays gold as a black line on the left axis scaling to over 3500 USD per ounce with a dramatic recent vertical surge while silver appears as a blue line on the right axis scaling to 70 USD per ounce showing correlated but more pronounced volatility and a strong 2024 2025 uptrend confirming the current multi year bull market alignment. The second chart is the official CME Group stacked bar chart of global silver fabrication demand from 1977 to 2025 measured in millions of troy ounces. Total demand rises steadily toward nearly 1000 million ounces by 2025 with the blue segment for solar panels expanding sharply in recent years the light blue for electronics and batteries also growing strongly the dark gray for other uses stable and the green photography segment nearly disappearing illustrating the powerful structural industrial demand shift driving the current bull thesis. ### 4. Bull Base Bear Scenarios **Bull case** what has to go right: softer than expected US jobless claims and dovish Fed speaker comments today plus holding above 85.00 triggers technical breakout above 92.00. Expected range: 92.00 to 98.00. **Base case** most likely scenario: mixed US data keeps price in consolidation with continued rotation between support and resistance on high volume. Expected range: 85.00 to 92.00. **Bear case** what could go wrong: stronger than expected claims or hawkish Fed tone sparks fresh USD buying and stops below today’s low. Expected range: 80.00 to 85.00. All ranges ASSUMPTION based on current technical projections from professional analyst consensus published February 26 2026. ### 5. Risk Analysis Top 3 material risks ranked by probability and impact: 1. Hawkish Fed speakers or strong US data today (high probability high impact): would trigger immediate USD strength and risk off flows causing 5 to 8 percent downside in hours. Trigger: Bowman Senate testimony comments or claims below 210K. What to watch: real time USD index spike above 104. 2. Renewed liquidation from elevated implied volatility (medium probability high impact): extends today’s selloff on stop runs. Trigger: break and close below 85.00. What to watch: COT updates and options gamma exposure. 3. Negative China or global growth surprise in coming data (medium probability medium impact): dents industrial demand narrative. Trigger: weaker than expected regional PMI prints. What to watch: any tariff escalation headlines. Positioning sentiment indicators: Latest COT as of February 20 2026 shows speculative net long positions at approximately 24K contracts with managed money adding longs in the most recent week (source: StoneX and CFTC). Sentiment is bullish overall but short term fear elevated due to today’s move with fear and greed index context pointing to neutral after the correction from January extremes. ### 6. Catalyst Calendar Key events in the next 24 to 48 hours that will impact this specific asset: Today February 26 2026: US Initial Jobless Claims and Continuing Claims at 08:30 ET (direct USD sensitivity for silver), Fed Governor Bowman Senate testimony at 10:30 ET, Kansas City Fed Manufacturing Index at 11:00 ET, US 7 year Treasury auction at 18:00 ET. Tomorrow February 27 2026: US Durable Goods Orders (proxy for industrial demand), potential follow through from any Fed commentary. Macro factors that specifically impact this asset today: ongoing tariff policy developments under the new US administration (supportive for domestic manufacturing silver use) and any shifts in real yield expectations that move the USD. ### 7. The Verdict Bull case expected range 92.00 to 98.00 and what has to go right with probability estimate 45 percent (soft data and hold above 85.00). Base case expected range 85.00 to 92.00 and most likely scenario with probability estimate 40 percent (consolidation on mixed signals). Bear case expected range 75.00 to 85.00 and what could go wrong with probability estimate 15 percent (hawkish surprise). Probability weighted scenario: mild upside bias targeting 89.50 close. Final conviction level: Medium. The 30 second elevator pitch one powerful paragraph for subscribers: Silver’s violent 4 percent plus swing today is classic noise around an extremely bullish structural story. With a verified 67 million ounce deficit exploding solar and electronics demand already pushing fabrication toward 1 billion ounces annually and specs steadily rebuilding longs the path higher remains intact. Any dip below 87 offers the cleanest entry before the March time cycle window targets 98 to 105 as USD softness or China stimulus lights the fuse. Position accordingly and trail stops above today’s low. ## Sources Investing.com Commodities Silver page data and technical summary February 26 2026 www.investing.com FXStreet Silver price today update February 26 2026 www.fxstreet.com CME Group OpenMarkets silver fabrication demand and gold silver correlation charts 2026 www.cmegroup.com Economies.com Silver analysis February 26 2026 www.economies.com StoneX COT metals report February 23 2026 reflecting positions to February 20 2026 www.stonex.com CFTC official Commitments of Traders reports dated February 17 2026 www.cftc.gov DailyForex Silver forecast February 26 2026 www.dailyforex.com #SilverPrice #XAGUSD #PreciousMetals #CommodityTrading #SilverBull #GoldSilverRatio #IndustrialDemand #FedPolicy #MarketVolatility
OANDA:XAGUSDLong
by DCAlpha
Hunting the Silver Bottom: The GSR StrategyForget the price tags, look at the spread. Let’s use the TVC:GOLDSILVER Ratio to answer the ultimate question: where is the bottom? Fundamentals: - simply put, the OANDA:XAUXAG ratio shows how many ounces of silver you need to buy a - - historically, a falling ratio signals a bull market for metals. When the market corrects, investors usually flee speculative silver for the safety of gold, pushing the ratio up - we are seeing a price correction right now. The big question is: will it find a floor at the 0.382 Fibonacci level, or will it push higher toward 0.618? Technicals: - since January 25th, the ratio hit the 0.382 fibo level and was aggressively bought back. We see a clear Inverted Hammer pattern here, showing strong rejection of lower prices - a recent gap at has acted as support twice. This is our "Line in the Sand" for entry points - Long Scenario: If the price dips back to the 61.44 zone, it’s a potential speculative Long. The logical SL is below the 0.23 Fib level at 58.30. This is the "point of no return"—if price breaks this, the trend flips. There are a few possible targets, depending on movement strengh. If FX:XAGUSD continues its downward movement and PEPPERSTONE:XAUUSD consolidates, we could see a 25-30% move toward of Gold-Silver ratio, with a hard cap at the 0.618 Fibonacci level (82.00) - Short Scenario: If the price breaks below 59.20 (closing under support zone), the probability of CAPITALCOM:SILVER Silver becoming expensive relative to CAPITALCOM:GOLD will drop significantly. It is important to keep an eye on the 91.00 level on the Silver chart, because a consolidation there would break the bearish structure and return bulls in the play. Therefore, if 2 bars close below {58.00, 59.00] zone, I will look for a potential short to 48.35 Conclusion: - the current interaction between the 0.382 Fibonacci level and the gap will define the medium-term trend for the gold-silver ration. - a breakout above 66.20 would confirm silver's relative weakness, while a breakdown below the 58.30 would invalidate the bullish structure for the ratio, signaling a potential outperformance by the silver (whereas saying nothing about gold) - keep a close watch on the zone and dont forget about appropriate and comfortable risk-management # - - - - - What do you think — which direction will the price move further? Are you looking for a bounce or a breakdown? Do you think the support at will hold, or are we heading lower? Share your bias in the comments below! 👇 # - - - - - If zone holds (Higher Risk): ⚠️ Signal - Buy ⬆️ ✅ Entry Point - 62.36 🛑 SL - 57.42 🤑 TP 1 - 71.45 🤑 TP 2 - 76.75 ⚙️ Risk/Reward - 1 : 2.9 👌 # - - - - - If waiting until 59.00 retest (Lower Risk but less probablity): ⚠️ Signal - Buy ⬆️ ✅ Entry Point - 59.22 🛑 SL - 55.64 🤑 TP 1 - 71.45 🤑 TP 2 - 76.75 ⚙️ Risk/Reward TP 1 - 1 : 3.44 👌 ⚙️ Risk/Reward TP 2 - 1 : 4.9 👌 # - - - - - If zone does not hold and 2 bars close below 58.20: ⚠️ Signal - Sell ⬇️ ✅ Entry Point - 58.06 🛑 SL - 62.23 🤑 TP - 47.77 ⚙️ Risk/Reward - 1 : 2.5 👌 # - - - - - Good Luck! ☺️ # - - - - - DISCLAIMER: Not financial advice. Everyone must make trading decisions at their own risk, guided only by their own criteria and strategy for opening or not opening a trade
GLong
by TotSamiyKaa
Gold/Silver Ratio: Gold To Outperform Silverthis setup never gets old, so i’m sharing the long-term chart of the gold vs silver ratio focus on the 40-year range that started back in 1986, when the ratio hit the 80 oz level and reversed lower most of the time, the 47–80 oz range managed to contain the ratio last year, silver outperformed gold as the ratio dropped like a fallen knife when it recently hit the lower boundary of the range, it stalled there the idea is simple: when the ratio reaches the bottom, one can expect a move toward the opposite side near 80 oz from the current 58 oz this implies gold appreciating significantly against silver this can happen through less weakness versus the dollar, or more strength versus the dollar, compared to silver since this is a pure comparative relationship between the two metals
FX_IDC:XAUUSDLong
by aibek
Silver's Advantage over Gold Might Be Coming to an EndThe gold/silver ratio is now below 68. The balance may have turned too much in favor of silver and is currently testing the -2 standard deviation of the 2020-to-date regression trend. The heightened demand from China, rising energy investments, and opposite reactions to tariff fears are some of the main reasons for the imbalance. Sometimes the ratio goes to extremes but eventually comes back to long-term averages. As 2020 was a game changer in the economy, the 2020-to-date regression line can be accepted as the balance point. When the rebalancing price action begins, a "buy gold, sell silver" pair trade opportunity might emerge.
OANDA:XAUUSD
by ftdsystem
Gold & Silver Correction? Here's what 20 years of insight showsThe Gold/Silver ratio has dropped below 70 for the first time since July 2021. Statistically, this is a strong indication of some correction in Gold and Silver (Moreso specifically Silver). Here's why. The Gold/Silver ratio not only indicates which one of the two is outperforming, but also often hints at a likely slowdown or sharp increase in the price of bullion. Let's look at what happened last 4 times in the last 20 years when the ratio went from 80+, down to the critical level of 70 - exactly where the ratio is at right now. We can see that the Gold/Silver ratio almost always bounces back from 68-70 zone when it falls from 80+ (with 1 exception in 2009 where it overstretched a little and consolidated, but the outcome was still a correction in Silver as you will see below). Below are the instances that show what happened to Silver when the ratio fell to 70 and bounced back up towards 80. 1. July 2003 to Sept 2003: Silver corrected about 6% After posting a Year-to-date (YTD) gain of 18-20%, Silver corrected about 6% before rallying further. The correction lasted for around 2 months. 2. Feb 2009 to Apr 2009: Silver corrected about 18% After posting a YTD gain of 28-30%, Silver corrected about 18% before rallying further. The correction lasted for around 2 months. 3. Feb 2016 to Jan 2018: Silver corrected about 22% After posting a YTD gain of about 45%, Silver corrected about 22% before falling further. This 22% correction lasted 20 months (almost 2 years). 4. Feb 2021 to Jan 2022: Silver corrected about 19% After posting a 125% gain from Pandemic low, Silver corrected about 20% before falling another 20% in the following months. This 20% correction lasted 12 months (almost 1 year) and further 20% correction took another 10 months. Finally, this is where we are right now after Silver posting 100% gain in 2025. What does this mean for you? A] If you're an Investor invested in Silver: We are approaching a time to potentially reduce Silver exposure (if this makes sense with capital gains, etc.) Gold may be preferred over Silver for next few months. Why? Because in the 4 instances in 20 years, where Silver corrected roughly 20% most of the time, Gold did not correct as much. This makes sense as Gold/Silver bounces from 70 to 80, it means Gold is outperforming Silver. If your view is decadal and you wish to ride out the correction, well, do nothing. B] If you're an Investor wanting to invest in Gold or Silver: Consider waiting till you find a dip. That dip hasn't come all 2025, but it is highly likely it will now soon, as indicated by 20 years of data. C] If you're a trader: From a weekly to monthly positional viewpoint, this is probably the time to avoid or reduce position size on upside, and keep an eye out for downside reversals. For trade durations of hours to a few days also, I would still look out for opportunities with downside bias and reduce position size for upside trades. If this is helpful and you want a deep dive into any aspects, or want specific related analyses, feel free to drop a comment. These views are for educational purposes only and are not financial advice; please consult your licensed financial advisor before making any investment decisions. Trade/invest with poise.
TVC:GOLD
by PriyadarshiDesai
G&S ratio - where are we ?The Gold and Silver ratio is a key parameter in order to determine whether we are in a precious metals bull market and especially in a raging bull where Silver over performs Gold. The recent Silver surge and slight overperformance of Silver relative to Gold could indicate that we are about to enter into an acceleration phase. The number 81,30 is key to this phase (we could get there today, by the way). However the real show will start at 75.50 !! Something to watch carefully....
GShort
by Dangermousebanana
Is it Time to Buy Silver and Sell Gold???Analysis of the "Gold to Silver Ratio" will Reveal Curical Facts Analysis on Weekly Timeframe: 1. The ratio is trending within a symmetrical triangle pattern near 86.5.0, indicating gold is significantly more expensive relative to silver. 2. However, the ratio started declining after reaching peak of 105.5 during April, while testing the upper trend line of the triangle. 3. The ratio is expected to further fall & at least test the lower trendline of the triangle near 80.5, if breached, then support at 75.5 could be witnessed. 4. Currently, the ratio is trending near the levels previously seen during the Global Financial Crisis - 2008, after which it drastically declined. Silver Shines Brighter Than Gold --------------------------------------------------------------------------------------------------------------------- What is the Gold/Silver Ratio? - The Gold/Silver ratio measures the value of gold in relation to silver. - Basically, it tells us how many ounces of silver are needed to buy one ounce of gold. - For example, if gold was trading at $1000 and silver was priced at $20, the gold : silver ratio would be 50. - Current Situation - Gold Rate = ~$3500 & Silver = ~$40; the gold : silver ratio would be ~87.50 Interpretation - A high ratio means gold is more expensive relative to silver (and vice versa) - Historically, it has been seen that, when the ratio rises above 80 (currently it is 87.5), silver gets undervalued relative to gold - An undervalued silver makes it a potential buy against gold.
OANDA:XAUUSDShort
by Nadia_farhat
STEEL-NERVE SETUP – ARE WE RE-LIVING GOLD’S 2020 BEAR-TRAP?Retail sentiment is ultra-bearish, positioning is cooling, Silver is outperforming and the S&P 500 is screaming risk-on … exactly the cocktail we saw in June 2020, right before Gold & Silver exploded higher. 1️⃣ WHY THIS FEELS LIKE 2020 AGAIN 2025 (now) 2020 (pre-rally) Read-through > 70 % of TradingView ideas are bearish 💬 > 60 % were bearish Crowd may be offsides again Managed-money net-longs -18 % from April peak 📉 -25 % from March peak Powder for fresh longs First monthly ETF outflow (-$1.8 bn) 🚪 Record inflows Capitulation, not euphoria Gold/Silver ratio down to 94 ⚖️ Fell to 95 Silver leadership = bottoming tell S&P 500 at new ATH 📈 S&P at new ATH Risk-on backdrop identical 2️⃣ WHAT’S DIFFERENT THIS TIME Real 10-y TIPS yield +0.7 % (2020: -1 %) → smaller monetary tail-wind. Gold already at inflation-adjusted ATH → upside could be shorter & sharper, not a fresh super-cycle (yet). 3️⃣ CHECKLIST FOR A REAL BEAR-TRAP Signal Watch-level Gold holds $3 200–3 250 (100-d SMA + fib) Daily close above zone Gold/Silver ratio breaks < 90 Momentum confirmation CFTC net-longs < 150 k Position flush ETF flows turn positive Fear → FOMO S&P stumbles / vols spike Classic risk-bid for Gold Need 3 of 5 boxes ticked to validate the squeeze thesis. 4️⃣ CATALYST CALENDAR 3 Jul – NFP: sub-75 k print could fire the opening salvo. 9 Jul – Tariff freeze decision: escalation would revive safe-haven demand. 15 Jul – CPI & 30-31 Jul – FOMC: dovish turn + soft data could complete the squeeze. Disclaimer: This post reflects my personal opinion for educational purposes only; it is not financial advice. Trading futures and commodities involves substantial risk and can lead to total loss of capital—do your own research (DYOR) and consult a qualified professional before acting.
COMEX:GC1!
by AustrianTradingMachine
1
DOW JONES about to skyrocket based on the Gold/Silver ratio!Dow Jones (DJI) has been basically consolidating for the past month or so, following the massive April 7th bottom rebound but there is a very distinct indicator that shows it is about to skyrocket. That is the Gold/ Silver ratio (blue trend-line). Gold (XAUUSD) as a safe haven, attracts capital in times of market uncertainty. Silver (XAGUSD), as a metal of industrial use, attracts capital in times of economic boom and prosperity. In the past 6 years more particularly, every time the Gold/ Silver ratio declined, Dow started rising aggressively (exception July-Aug 2019, when the market rose straight after), as investors clearly showed their risk-on appetite by buying Silver (optimism) at the expense of Gold (fear). Dow's current consolidation indicates that there may be high accumulation in the past month and the ratios extended decline suggests a skyrocket move is up next. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJILong
by TradingShot
Gold Sliver Spread is Pointing Downward - Silver to TrendGold-silver ratio dropped from 107 to current 91. What does this mean? Does it indicate that silver is about to trend higher, or is it a sign that gold will continue its trend? If you take the gold prices on 'Liberation Day' on 2nd April 2025 - Gold at $3,509 divided by Silver at $35 = 100.25 Today, the gold prices at 3,400 divided by the silver prices at 37.36, you will get the ratio as 91. Based on this historical development over the last 50 years, gold silver spread has range bound within this range of 40 and 100, and likely it should remain this way. Studies shown it has just reached 100, forming a potential inverted hammer, and could be on the way down to its lower band. Either the 65 band or 40 band. If that were to happen, this also means the Silver’s trend is likely to pick-up faster than gold did. On 05 April 2024 a video analysis I have published, title “Silver is Next to Rally After Gold”, then I presented on its fundamental and its technical reasons. By the way the cup & handle formation, it is taking a very good shape today. On that analysis, I suggested in time to come, when Silver to catch-up with gold, it will be fast and furious. And I believe the time is near as the ratio now dip to around 91, and it seems more room for more downside. This means with so many uncertainties and fear of inflation coming back again, Gold may still trend higher, but this time the rate-of-change for the silver to move higher is faster than that of gold. If the ratio continue to decline, we should see a much firmer silver prices from the current. Historically, gold and silver have been used as money, and even today, if you take any grams or an ounce of gold or silver to banks with bullion departments, you can exchange it for cash. As the world searches for the next reserve currency, precious metals have become a safe haven. That’s why gold has been trending upward over the years, especially when inflation hit a high of 9% in 2022. When gold becomes too pricey, investors often look for alternatives like silver. This also explains why, during most financial crises, the gold-silver ratio dips, indicating that silver is catching up with gold. Micro Silver Futures Ticker: SIL Minimum fluctuation: 0.005 per troy ounce = $5.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Trading the Micro: www.cmegroup.com www.cmegroup.com
COMEX:GC1!Long
by konhow
Silver ready to outperform Gold? Finally, silver is breaking to the upside out of the April–May consolidation, and so far there’s been a strong push above the 33.70 resistance, and with the market closing well above that level, it confirms that bulls remain in control and could stay in charge after any near-term dips. Ideally, we are now in the third leg of recovery, which could extend beyond the October 2024 highs around 34.87. Once that level is cleared, the third leg may continue higher within a higher degree wave five, possibly targeting the 36–37 zone. At the same time, we also see the gold-silver ratio coming down from the 61.8% area, which is another signal suggesting the metals are in a broader bull run, with silver now likely to outperform gold until those 36–37 targets are reached. Grega
COMEX:SI1!
by ew-forecast
Gold is taking a break, the next wave will be even stronger.Gold opened at 3382 today and rebounded to 3392 for a technical decline adjustment. So far, gold has hit a low of 3351. Currently, gold continues to fluctuate around 3360. We will pay attention to the support situation at 3345-50 below. If it does not break through, we will look for opportunities to go long. Judging from the current trend of gold prices, the overall bullish trend remains, and there is still the possibility of further upward movement in the short term. The support below focuses on the 3345-3350 area, which is an important defensive position for short-term bulls. If it falls back to this area and stabilizes during the day, you can continue to rely on this position to arrange long orders, and the bullish thinking remains unchanged. Pay attention to the 3395-3400 first-line pressure above. If this range is effectively broken, the gold price is expected to hit the previous high and further open up the upward space. From the daily level, the market is still in the "low-long" rhythm of the trend, and it is expected to maintain a volatile upward trend in the short term. The recent market fluctuations are large. In terms of operation, it is necessary to strictly control the position and pay attention to risk prevention. Gold operation strategy recommendation: Go long when gold falls back to 3345-3355, target: 3380-3390.
OANDA:XAUUSDLong
by TP_Daniel5
Important breakdown in the Gold & Silver ratio !!!This is a heads up that concerns the PM sector as well as all other assets. An important breakdown just happened in the Gold & Silver ratio. This means precious metals bull resumes and SILVER will now overperform gold !! We are now in back test mode ! For the other asset classses this is good news also, because this breakdown in the ratio signifies the return of (asset) inflation. So this is good for stocks and crypto also. It remains to be seen whether PM's will outperform stocks. My guess is YES.
GShort
by Dangermousebanana
Silver/Gold Ratio signals Lower Interest Rates AheadWhen OANDA:XAGUSD (Silver) does well relative to OANDA:XAUUSD (Gold), it means the economy is strong and interest rates tend to rise when that happens. The opposite is also true. When Silver is weak relative to Gold, interest rates tend to fall. See how it works historically? The 1997 drop in rates when the silver/gold ratio shot up is the rare exception Why does it work? Silver is an economic metal used in industry and gold is a precious metal which used to be used for technology in the 1970's. Well - it shows now that rates should be going down because the economy is flat, weak or recessionary. However you want to label it, the economy can afford lower interest rates. This LONG TERM indicator has worked quite well and deserves to be on your list of indicators to track the likely path of interest rates. OF COURSE, the more important factor is WHO is at the head of the Fed. Lower rates would make sense especially if the profligate Government spending machine slows down its aggressive spending. The global war on covid didn't help and the clear message that the market is telling us is that we needed to slow down the price hikes but we now have a US Gov't deeply in debt and struggling to be able to justify lower rates. Here's to clarity on the future moves by the Fed, which if you were just looking at this indicator you would be cutting rates steadily for the foreseeable future. Cheers, Tim 11:47AM EST January 28, 2025
OANDA:XAGUSD
by timwest
17