Loading ...Arc applied to Gold Silver Ratio
Inspired by Fully and reduce even more noise… going into yearly candles. Can I apply arcs to ratios? Any how… approaching ALL time yearly defined resistance
Note the second bull era for gold started.. and the following year, still had GSR green candle (silver’s lag to join the party) …
Beautiful chart Patrick. Clean and simple. Says it all.
If this bowl represents bullish than it is contrary to all the bull calls for miners and metal.
When GSR goes higher PM sector goes down. Hope this will not break above 95???
Three years in 1990’s GSR has traded in the range of 80 – 100. I was wrong this is historical.
The drop from recent highs for gsr was pretty violent.. but have retraced quite a bit.. I’m thinking gsr can go side ways for a some time.. while silver creeps up on its breakout of 21.. then we start dropping hard it starts to severly out perform gold. Still early