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.
Pin bar spotted on the weekly chart.
Gold will follow silver up?
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Only if the reddit thing could push it maybe something out of TA zone
But buy gold sell silver is overdue
which means when gold kicks off fast silver will be slow
Not shorting silver but buying more of gold than silver as the gold /silver ration has gold at the upper hand.
* If you pull fibo from 11 May 2011 to 9 March 2020 summit
The 5-wave A drop at 0.382 seems over.
* Then we completed the A rise and B decline.
* C rise will be up to 101,700 either double bottom
Or the critical the level of 93.780 will be completed there.
My expectations are in this direction.