Higher Gold and Silver ratios usually mean lower precious metals prices. By the looks of this chart, it seems likely that Gold and Silver mights still have one or two legs lower before this Bearish Broadening Formation plays out with a higher high as it test the top of channel at around 88
On a better note, looks like Gold and Silver are due for a huge move to the upside as this Formation comes into play and these ratios find themselves going downtown! 88-92 area has to hold
Like and follow for trade updates and new trade ideas
On a better note, looks like Gold and Silver are due for a huge move to the upside as this Formation comes into play and these ratios find themselves going downtown! 88-92 area has to hold
Like and follow for trade updates and new trade ideas
Note
Note
Patiently waiting
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.
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.