XAUXAG is consolidating in a symmetric triangle around the 2016-2017 correction zone. The symmetric triangle is a continuation pattern.
When it breaks we are
When it breaks we are going to test 56,8 and later 50,3.
The measured target of the symmetric triangle is around 42.
If gold rallies to 2300-2400$ and the XAUXAG drops to 42 at the same time silver will...
The chart suggests that the correction will continue untill it reaches its long-term support running from 2011. It is quite logical that this will follow after the washout experienced by precious metals in March causing this anomaly when silver lost about 50% of its value in terms of gold. I am expecting the ratio to be equal to 88 by early July. This implies a...
Looks as though the Gold to Silver Ratio has peaked just over 100 and the popular pairs trade of Long Gold and Short Silver has run its course..
Back Up We Go... See Chart for Details and Target Price. Should Bernie Sanders upset Biden tonight, it would justify a more explosive move to the upside.
AMEX:JNUG AMEX:GDXJ AMEX:NUGT AMEX:GDX TVC:SILVER...
