Gold/Silver
Cycles top soon and will continue down till July. This means bullish precious metals and silver will outperform gold. Downside price target in this down cycle for the ratio is 42.
With the gold/silver ratio headed to 10-15 and a possible $10,000-15,000/oz gold price, silver headed to $1,000 is possible.
Silver about to rocket higher.
xau can reach 2500 dollar and in this growth silver can reach 50 dollar ! it can be better investment :-)
Hello Traders, Hope you all are doing good!! GOLD is under bullish momentum. 1900 level will act as support as long as the G:S ratio is under 79 level. G:S is under weekly VWAP , however has a support level at 75.5, hence i expect gold to rise till 1932 level & find some resistance there. G:S has to break the 80 level in order to make GOLD go in bearish...
We have strong daily bullish divergence on the daily chart getting ready to play out. The higher the number, the more silver it takes to buy gold. In a downtrend, Silver would lose more (percentage wise) than Gold. I still expect 134 to get hit at some point (perhaps early next year). This is based on the mammoth head and shoulders formation on the monthly chart...
Ratio reflecting and staying below 83 Support/Resistance pink line. Gold to Silver Ratio- SIlver to shine going forward.
i definitely believe this is the time we have to sell silver for more Gold. it is struggling to surpass the green pivot point . Meaning i do not think it is going to lower the silver price any time soon. . Also it has already broken out of the red pivot point. i was looking at the overall silver analysis and i believe another bull market is potentially on the way....
Another simple study of mine looking at the pressure point of the Gold/ Silver ratio. As you see since 1980s, every time GC/SI reaches the 0.5 Fibonacci retracement level, whether it is on a mini wave or hyper wave, the price rebounds strongly and for many years. If the current wave is mini or hyper it is up to you to decide and set your target accordingly but...
XAUXAG ratio to go to 20, could possibly go lower, that's a strong case for silver. Not betting so much on the pullback, but the dollar strength could initially mean a dip in both Gold and Silver, but when the bounce back silver will gain at a much faster rate than gold. Not a bad idea to jump in now if you are not using leverage. What do you think? Drop a...
MACD and RSI for the Gold / silver ratio is very low and it touches a support line. It points towards a turnaround where the price of gold will increase compared to silver. This has previously been the warning sign of a turnaround in the price of gold. Does this show a setback is coming for the goldbugs?
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.
My strategy: Sell when too far above key 5 EMA (white line), buy on retest as 5 EMA catches up.
Fixed chart for clarity (previous post had quad view)... Target of $180 is primary, but expect when first G20 country currency to fail, eventual USD collapse will have silver hit >$180.
We took the profits from our short position in the ratio, as well as the profits from the silver long position. For now I expect to see some sideways trading and the ratio could pullback towards the 93-94 area. I don't see a reason to go long in this case, however it is an opportunity. If you wish to take the long position in the ratio - bear in mind the fact that...
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