SLV GLD Ratio
Thanks Brady for asking me to put this chart in focus
As we all know this Ratio is the most important chart in discerning a true PM Bull
When Silver outperforms Gold the PMs fly
Last Weeks Candle was an extremely unusual one
A Black candle is when the body is entirely outside the previous weeks candle
The ratio shot up in a Huge breakout on Monday only to be smashed back into “place”
Whack a Mole !
It is still on the cusp of a breakout and there is NO gap to hold it back at the moment.
To be honest I really do not know what to make of this…but it certainly is a strange situation