Silver tested it's main support and breakup candle this week with weekly bullish divergence. RSI near the weekly lows again. So far this level looks like it will hold it - bullish.
My Gold/Silver ratio chart reached the target (see analysis below). I think Silver can be a big surprise here, and gold/silver ratio will now start making it's way down to 60 or mid 50's.
Price target is 35 if this is correct. Good luck!
Title comes from the Smashing Pumpkins.
My Gold/Silver ratio chart reached the target (see analysis below). I think Silver can be a big surprise here, and gold/silver ratio will now start making it's way down to 60 or mid 50's.
Price target is 35 if this is correct. Good luck!
Title comes from the Smashing Pumpkins.
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GOLD/SILVER ratio
