Gold/SIlver ratio - revisited

2020年10月16日

We have strong daily bullish divergence on the daily chart getting ready to play out. The higher the number, the more silver it takes to buy gold. In a downtrend, Silver would lose more (percentage wise) than Gold. I still expect 134 to get hit at some point (perhaps early next year). This is based on the mammoth head and shoulders formation on the monthly chart (posted below). Crazy? Well, so was 126. These days, this wouldn't shock me one bit.

if 83 holds, we could have a mammoth run again past the old high

2020年10月20日

註釋

Potential bull flag on G/S daily