We have almost reached the 0.618 fibonacci level of 68.07.
I think we will retrace back to the 0.786 fibonacci level at 52.2.
My long term gold target is $2354. At a gold/silver ratio of 52.2, silver would be around $45.
I think we will retrace back to the 0.786 fibonacci level at 52.2.
My long term gold target is $2354. At a gold/silver ratio of 52.2, silver would be around $45.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.