Gold/Silver ratio
Updated
Gold/silver ratio at a historic high level of 90% (peaked at 93% on July 3rd)!
Silver is currently very undervalued and Gold has gained strength last few years which means that silver is discounted much more than gold at the moment.
Silver prices are falling and demand from big investors is raising.
I think this extremely high Gold/Silver ratio of 93% was the peak which is also indicated by momentum indicators on the 1W TF (not on the chart).
In a few weeks / months we will also see sell signals on multiple momentum indicators on the 1M chart.
Blue/red line will cross soon on StochRSI, WaveTrend oscillator will also cross bearish in a few weeks/months and ADX will lose bullish power.
Therefore, I think NOW is a perfect time to exchange gold bars with silver bars!
In a few years time will come to go back from silver to gold bars...
I´m not a financial advisor. For educational purpose only!
Silver is currently very undervalued and Gold has gained strength last few years which means that silver is discounted much more than gold at the moment.
Silver prices are falling and demand from big investors is raising.
I think this extremely high Gold/Silver ratio of 93% was the peak which is also indicated by momentum indicators on the 1W TF (not on the chart).
In a few weeks / months we will also see sell signals on multiple momentum indicators on the 1M chart.
Blue/red line will cross soon on StochRSI, WaveTrend oscillator will also cross bearish in a few weeks/months and ADX will lose bullish power.
Therefore, I think NOW is a perfect time to exchange gold bars with silver bars!
In a few years time will come to go back from silver to gold bars...
I´m not a financial advisor. For educational purpose only!
Note
Gold/Silver ratio has dropped from 93 to 83 since July 1st which is an intermediate-term support level. This means that silver should outperform gold in the next few years!
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