Gold Silver Ratio on Suicide Watch!
Looks like we got a jumper!
Didn’t quite exit the cloud like my scribbles…
Now to move my attention to weekly chart, where there is still some Ichimoku defined support that can bring this back up…
And finally, kinks in the armor of the monthly chart… now with a declining 12 month moving average… RESPECT the higher trend!
Encouraging charts. Thanks Patrick.
Yes. Unless a complete reversal by end of day/week/month… I think Silver is going for a run at monthly chart defined breakout line, of its multi year base at 20.30. That will put it on par with Gold’s June 2019 monthly chart breakout. It’s insane how much Silver has to offer in reward vs gold… once gold has a proven, high probability, monthly chart breakout.