Loading ...Epic gap fill GSR
Is this the week it happens?
Mar 1, 1991 the GSR gapped down on the Daily @ 98.9 (Futures).
IMO this epic gap could fill @ $1615.6 Au & $16.34 Ag (Futures) gets closed? I want to see it fill before Wednesday, from my calculations I want Au Futures to backtest $1615.6 fwiw……. Maybe a panic in SM causes the fill of the GSR gap? Maybe the gap fills at other price points but IMO this could be pivotal for the PM’s.
Any predictions on what levels this gap in the GSR could get filled or if it gets filled ever?
Why would silver outperform gold in this enviornment ?
Gold is a safe haven Silver is mostly a commodity
I don’t think Ag is going to do much but it’s a dip in Au I want to grap if it plays out. Looking at $23.95 on the GDX to coincide possibly? GDX just a proxy for what I’m interested in Royalties of Au.