Long

Silver/Gold ratio: Silver is stretched compared to Gold

Updated

I love the setup in the Silver/Gold ratio here. Big upside with super low downside risk if you trade it as a pair, going long 1 lot of Silver futures vs 1 lot short in Gold futures. There was a 14 week down trend signal that expires today, which predicts a relief rally of 14 weeks could occur starting here. The daily chart has a bullish trend signal confirming today as well. See the stop loss recommendation on chart, it is a 2.1% downside risk in the ratio, so, size your trade accordingly.

Best of luck,
Cheers.

Ivan.

Trade closed manually

Trade active

I'm buying Silver on its own here:

IvanLabrie

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