Wheels are in motion… Gold vs SPX Ratio has led Silver on previous precious metals bull eras.

Once it’s monthly defined breakout line completes retest, expect silver & gold to continue outshine US equities.

Additional thoughts:

I trust most horizontal breakout lines… but for silver, it being of a more volatile nature, most important moves came from slanted trend line breaks. Guess I’m adapting to what the chart is telling me! It’s possible Silver has ALREADY broken out on monthly chart!

You’d also miss a BIG chunk of the moves for silver if you waited for horizontal break lines. Gold however is more sturdy and old school… a horizontal trend line break is the norm. (ex. 1350-1400).