silver is extremely undervalued compared to gold. awaiting reversal soon. silver will outperform gold on the next upcoming bull market. Target : 64 good luck.
signal 1 :Rond number 84 signal 2: The ceiling of the previous price and the resistance zone signal 3: Stochastic has broken its fast line down signal 4:Divergence in the macd and rsi signal 5:weekly r2 pivot
With XAUXAG looking to fall lower, it is an indication that silver will be relatively stronger than gold in the short term. If you are looking to buy into the precious metals, silver may be a better metal to focus on. If you are looking to sell into the dip on precious metals, gold may be a better choice. *Disclaimer - This analysis alone DOES NOT warrant a buy...
XAU/XAG – Monthly Resistance & Support: Resistance: 86.00 Support: 74.00 XAU/XAG – Summary: Expected to start a Bullish Swing from the current 79.00 Levels and complete the Ending Diagonal pattern at or around 86.00 Levels Bearish Impulse expected at or around 86.00 Levels
ratio giving a timeless signal...one many of us have been waiting on for years
Hey Guys, I have been long time silver advocate - I am buying silver with the extra cash whenever I see a silver bullion and always trade it when I see an opportunity. Even among sound money advocates, the historic role of silver as money is often marginalised or ignored! Human beings have coveted silver consistently for more than 6000 years and silver along...
Keeping an eye on XAUXAG. At this time, I am waiting for a short position setup. Not just yet but soon I might go short on XAUXAG - once king of trades! Talking about commodities, it's a trader-must-know! I am always in-and-out of XAU and XAG. We have seen tremendous price action during 2008-2010 financial burst times, while we were having Armageddon gold and...
XAUUSD has just reached an important level due to the following indications: - Reached Fibo level - Formed a bullish bat - formed a falling wedge Cheers!
Short for GOLD/Silver ratio. Its been at 80 range for long time and if penetrates trough 79 is highly likely to stop at 76 area. Two main concerns with this trade: 1. Price of the gold is high right now and it is possible to drop down to 1220 very soon. 2. On opposite site silver is under\valued and from 16.50 zone it wont be surprise to reach 17.50 and above....
lets see how good this demark trading strategy is. massive rally ins ilver should begin and continue this month due to perfected TD sell setup
Based on where we are in the gold/silver ratio (begining of wave 3), I believe Silver will base between 17 and 18 in the 3Q and 4Q 2017 and take off to reach $30+ by July 2018. Please let me know if any questions. Thanks.
I think we have one more leg up for wave 5 for this C leg before this ratio starts a new impulse if 5 waves down. So GOLD should head down for one more leg before we fire off.
Formed excellent Corrective structure. bottomed at good price levels. One must try long with excellent money management.
XAUXAG is currently forming a descending triangle and we expect price to break out lower towards the main trendline in play.
Bullish, however, Long needs a bit caution as Funds net- long position is at the high level.