The gold silver ratio fell below the trend, and another small five waves are expected to dominate the later days of the week. Then it is expected to reverse soon next week, and the gold silver ratio will rise for some time.
In the next few weeks, the gold silver ratio will start to rush to the top. It should be super fierce. I won't do much silver. Gold and silver are up 21.5% over 4-5 weeks, which is very fierce. If you go down directly, it is not in line with human psychology and emotion. Until I wanted to do more. The gold to silver ratio will fall. Note that gold and silver will...
Next week, the gold and silver ratio is expected to fall, and it is the last period of the first wave of decline. Next, it needs to rebound about 0.618. The lowest point may be on Friday. On that day, the moon phase also changed, which is easy to correct. Gold fell sharply last week, but silver almost didn't fall in the end, indicating that silver wants to rise...
Xauxag next, the key position is at the red line. If it can break through, it will rise explosively. If not, it will reach the peak in the medium term. Rising is almost certain to rise, but space is crucial. Breaking through the red line and not breaking through determine the fate of gold and silver.
The gold silver ratio has just reached the position I analyzed before. I believe the correction has ended. Let's look forward to the next substantial rise. This promotion is the end of the first round, and there will be a second round in the future. Silver's future is worrying. It is expected that gold will reach the bottom one step ahead of silver. This time, the...
Why did gold fall and silver not fall now? Because the gold silver ratio is currently in a daily correction, note that it is not a reversal. The probability of this cloud band cannot be broken. RSI expects to complete the correction of MACD deviation between 45 and 50. About 73.428. Then continue to rise near test 89, which is just the P point of the weekly pivot...
XAUXAG - Gold/Silver Ratio!
Question I get asked: Why do you look at the XAU/XAG?
Simple answer: Measuring the strength. Which metal has a greater R/R potential and that's been silver. Now personally I am much more bullish Silver since last yr march, given analysing the market of both gold and silver, which I stated this in my year ahead video outlook for...
Short tutorial of another pattern.
Most people are interested in the ratio XAUXAG, some people trade it. If you are one of those latter, you need to know the during crisis / after crisis pattern of Silver.
During crisis, Gold tend to rise quicker than silver as it experience greater inflow as a result of flight to safety.
After crisis, mean reversion to the...
Weekly MACD and RSI deviate from the bottom, and standing on the quarterly line, it may rise rapidly at any time. The conservative goal is 85.5, the reasonable goal is 94.8, and the final goal is 101.8. Bullish.
a very interesting pair Gold Vs Silver this pair shows Gold is better or Silver All i See Bear On Coming days
Below 75.00-72.00-70.00 Short Gold and Buy Silver
Goal 46.00 then final drop to below 20.00
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...
Gold / silver ratio, weekly MACD and RSI deviate from the bottom, and will soon be golden fork, starting to accelerate the rise next week. But it's not clear whether gold is rising more or silver is falling more. I hope that silver can fall by a large margin, because silver may rise explosively in the future.
As you can see in my related idea and on this chart - the smaller cycle perfectly caught the high and low in the recent three weeks. Now even though the longer term cycle turned down - looking at the price action I still think the smaller cycle being up will bring one more flush in precious metals. Recently we have observed a black swan event in the silver market...
