Loading ...Gold to Silver Ratio… again! (added a flipped version)
Arcs are useful to get you in early, to spot a major trend change. As long as the price action stays within it, it is valid. Either a bounce on the right hemisphere and the trend goes back up… or a break of the right hemisphere.. and the possible uptrend ends and you go back to the drawing board. So right now, GSR is still in an uptrend within the arc… with one more touch of the right side still possible. Will it break down from there or break to the upside?
Edit: Adding a flipped version… does the theory still fit?
Edit: Adding imagition, targets, and timeline
A sound technical analysis based on Arc is expected to break upside for all other securities than why this one should be any different??
This is contrary to others in real time over the years Hummm!
Ratios sometimes feel like oscillators. I’m wondering if arcs are best suited for them… Then again, when I flipped the GSR… the arc fits perfectly my bias… ouff
The flipped version arc horizontal breakout brings us back to ALL TIME LOW ratio of 16. INSANE… Maybe what is required to get Alfa8 150 target for silver.
Well, the 150 measured move target will probably not only be ‘highly unlikely’, as I put it, but turn out to be total nonsense! But yes, $2500 Gold/ $150 Silver would get to that ATL of 16! Who knows… in this never-happened-before world of today, anything is possible.
When Silver was 4$ and gold 250$… people calling for 50$ or 1800$ would of been called nuts! Again, fiat currencies going to zero (even if they already lost 95%), so gold and silver upside still has some room for that final drop to worthlessness
If we are going from GSR 92 to 16, I would guess that the trend would accelerate enough so that it would take only half of the 11 years (or less)– reaching 16 sometime between 2024 and 2026. Hopefully I’ll still be above ground by then, lol!