CSInvestment

Gold/Silver ratio on its way to 88.

Короткая
CSInvestment Обновлено   
TVC:GOLDSILVER   GOLD/SILVER RATIO
The chart suggests that the correction will continue untill it reaches its long-term support running from 2011. It is quite logical that this will follow after the washout experienced by precious metals in March causing this anomaly when silver lost about 50% of its value in terms of gold. I am expecting the ratio to be equal to 88 by early July. This implies a bullish market for gold and silver, where XAGUSD will outperform. Lookout for updates regarding silver, we will see some interesting price targets and nice trading opportunities.
Сделка активна:
Target could be reached by June 29th. When the ratio reaches 94.70 - the previous low, I will use the profit from my current position to pyramid and open another position.
Сделка активна:
94.70 sell stop activated, added to our current position.
Комментарий:
Silver looking very very strong. Target to be reached soon.
Сделка закрыта: достигнута тейк-профит цена:
It has reached the line of support.

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