The big direction of this ratio is obviously down, and there are only three ways this ratio can go down: 1. Silver going up and Gold going down; 2. Silver going up more than Gold going up; 3. Gold going down more than Silver going down. #3 is very unlikely and #2 is most likely. Personally, I'm long both metals.
Use it with benevolence and love. Use it to pursue peace and serenity. Keep in mind that Doing cannot do much without Non-doing.
Watch the lines. This chart tells us when to switch from bubble assets to contrarian assets.
Watch the lines. This chart tells us when to switch from bubble assets to contrarian assets.
Watch the lines for a place to jump in.
Watch the lines for a place to jump in.
money flow rising -waiting for opening confirmation bar get our book on amazon for entry and exit rules with stop loss parameters j hook pattern relative strength good macd crossed cci and percent r in upper ranges good pattern above weekly cloud
Even though there is Rio Tinto's New Boss is welcomed by the market and commodity price is supported are the good news to sell.
mining and petrol sector rallying going long on 6 value stocks currently showing signs of strong momentum Long: $TRQ $SWC $FXC $F $CMRE
VALE5's Fibbonachi looks horrible!!!! Projection at R$ 3 pretty soon. Who share this ???
I've been watching Nickel before I left the Death Star since April 2014. As expected when the cup and handle formation was completed last March 2015, I knew this was going to waterfall. May the force be with nickel prices to drop down lower so I can have a oozing margin once I sell this to Yoda. However, strict technical analysis of cup and handle formations show...
Canada is a mess for a number of reasons see HERE , chief of which is commodity driven. Look for a move above strong resistance at 1.3078 on a weaker than expected GDP report where 0.0% is consensus. Released at 8:30am today.
GG just triple bottomed on the $17 support level. A tight stop just under $17 makes this a low-risk, high-reward scenario.
For the big picture of gold, look at the monthly time frame. What is the story that the monthly chart is telling us? It is showing us that Gold has FAILED to make a new low after bottoming back in November at 109.67: December, January, February, March, April all failed to push new price lows and that is a sign that the sellers are not only extremely patient,...