Silver to Gold and XAU to gold
XAU to gold ratio is breaking out but Silver to gold ratio is opposite in last few days trades. Wait and see which one is real?? Or leading?
For PM sector to be in vibrant bull both need to move together.
XAU to gold ratio bottomed in 2016 and still higher however Silver to gold ratio after 3 years made another new low. SGR still in stage 4.