49 to 1. at 1450 that is 29 at 1550 its 31 at 1300 its 26
And now you can make a forecast.. i.e look at my USD charts from 2-28.
And I can teach you the different types of topping formation based on this SGR chart.
Getting very close now.
3 places to correct.. oct, jan, july.
The precious metals move is just getting started. The huge capulation move in silver marks the bottom as the gold silver ratio also made a nice grouping of pins at resistance. Anyone playing this market needs to look longterm as in monthly/ yearly charts and do not use any stops or you will get eaten alive. Silver leads the way always. The ratio is at historical...
let us seeeeeeeeeeee this HAHAHAHA Just jokingggggg
Idea based on clones of previous movements
50 to 1 one year from now. I call that cujo corner up top. Its a special way to understand the topping formation.
USD dejavu.. punch in my DXY charts and you'll find this formation.
The XAUXAG/XAUUSD ratio is a beauty in terms of Fibonacci retracements and extensions. Against this background I surmise a bearish development which would be bullish for XAUUSD 0.28% , which I am occasionally invested in. Needless to say, this does not constitute trading advice, but is merely an idea (from my perspective, as well!).
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.
The gold-silver ratio is motivating me to look for bullish opportunities in the precious metals. Following silver's 17 days down in a row, I believe it is unlikely that it will erase this most recent rally it took from $16 after only reaching the .382 fibo retracement level. Instead, I think it has a date with the downward trend line around $18.2. The...
The gold/silver ratio tried to breakout from the 75.1 resistance line but as of now it has be rejected. A break above this will lead to 76.6. A rejection tomorrow will lead to the 73.3 level. Wait for confirmation.