because how often do you believe people on the internet
Expect the gold/silver ratio to leap higher as silver underperforms Gold. Gold will rally but silver will remain muted, at least for a while. Then as the Gold/Silver ratio hits resistance at around 100 a clear buying opportunity for silver will emerge. Gold should rally as the Gold/Silver ratio collapses and therefore Silver is a screaming buy at these levels....
The bull run in the precious metals complex which officially ended in Oct 2011 dragged the prices of the white metal to up to 50USD per ounce. That was a staggering 393% growth which took the prices from 10USD to 50USD however from there we have seen more than 70% correction in silver prices. The interesting part is even when gold is able to break it's 6 years...
Unfortunately. Gold may not go so high.
Hi all, I believe that xauusd can go either direction from where we are currently at but I believe that price will go up since price is at an area where buyers have had a little more control over for a while before! Set those pending orders! :) Have fun all!
As we all know when a 20 year trend breaks, it tends to break quickly and harshly. When the Gold/Silver ratio drops that also means Gold and Silver tend to be in a new bull market. This cannot go on for ever but I could go on for one or two more years before a decision needs to be made by both markets.
Earlier this month, shares of AMERICAS SILVER CORPORATION - NYSE:USAS recaptured its 200 DMA and has subsequently put in a nice rush into higher ground on the heels of the recent move in Gold to multi-year highs as we can observe in the Daily chart above. In addition, USAS now finds itself trading above all of its important moving averages 20/50/200 DMA's,...
Let the bull market begin!!!
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1357.42). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Gold is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1357.42). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Gold is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
TVC:GOLD is consolidating after the massiv bull run ending in 2012. Despite the bullish fundamentals, I will only look at facts the chart is indicating. Buy/Sell-Signals: Gold was in a long period of consolidation trying to find support. The recent movements on the 4M chart didn't confirm the 1050$ support level yet, since the not one 4M candle closed above the...
# Gold warm up motors to break 1350 level, BUT wait, patient is needed here. This chart I shared with my members in patreon on June 14th (using 4 hours chart) to support also forex investors. (80% of my work is based on astrology - planetary cycles) If you don't know me, my name is Osher - Astrologer, Youtuber, and known "Astro-finance" method developer....
Added 11th short position at this price. Target well below 90.xx
Long term wise, the Euro presents us with an interesting risk/reward scenario to go long, long term. I like the odds here, risking a mere 50 to 150 pips down from here, but with upside of up to 20% long term. I'd say this is a good deal. Worth a 0.25 to 1% risk shot. Best of luck, Ivan Labrie.
TECHNICAL For the past year, EMX Royalty Corporation NYSE: EMX has traded in a range between $1 - $1.50 despite all the gyrations throughout the resource and precious metals mining sector. While many Jr. mining stocks have had a tough go of it for the most part with the exception of the very strongest names within the group, EMX has held-up and continues to...
While both Gold and Silver, the physical metals themselves, have been the recipient of a strong move this past week, there are those precious metals miners equities whom continue to display excellent technical characteristics and find themselves perched in a favorable posture. SilverCrest Metals Inc - SILV being just one that garners attention. When examining...