GO FOR THE JUGULARThe GOLD:SILVER RATIO has breached below the neckline of a HEAD N' SHOULDERS TOP pattern on the daily chart & SEPT. LOW support lies right below
GOLDSILVER trade ideas
Gold/Silver Ratio: AB=CD is almost finished! Gold/Silver Ratio: AB=CD is almost finished!
Wait for NY close today and see if the price closes below 76.7.
If yes, enter short at 76.7( or lower), stop @ 77.7, profit @71.9( 38.2%AD).
Take it, you're welcome.
A clear direction for Gold/Silver Ratio?Just looking at the past at what the ratio has done it seems clear that over the long term Silver could be a better bet than gold (if that is you would like more gold). There seems to be a rough 4/5 year cycle to the ratio.
It seems likely that between 55-60 by some point in 2018. Perhaps even as low as 48 by 2019.
The only way we will hit the 30s if we see another nutzo bubble in the precious metals. In which case you should probably be selling your metals for worthless fiat.
Stronger Silver ?Expecting another impulsive decline to follow if this is the end of a flat correction
ROUNDED TOP ON GOLD:SILVER RATIO CHARTROUND N' ROUND SHE GOES ...
A bearish rounded top is forming on the daily GOLD:SILVER RATIO chart ... possible outcome : drop to 71.29 support (March high) which is close to the 200-dma, a bounce to resistance trend line (black) & then a drop to lower trend line (blue)
GSRThe GSR is setting up for a short trade that will trigger one of the biggest precious metals moves ever.
GOLD/silver Ratio looks quite interesting nowweekly charts show a huge drop in the future, while perhaps the price will still climb for some candles on 1H chart, but seems like the drop will come soon.... any body could let me which broker provide this CFD contract? or maybe sell gold buy silver is a safe trade..... but anyway i am keeping short the gold (check the link)
Gold/Silver ratio, bearish BAT, pointing to 52Gold/Silver ratio, bearish BAT, + 1:1 measure move, pointing to 52
