GOLDSILVER seems to have fallen into approximate Bollinger Band behaviour over the past months.
One cannot say it has exactly as there are always exceptions.
However, a triple crossover of the upper band is a fairly strong indicator that a down tick is imminent.
So either gold will fall or silver will rise. It is for you to decide and place your bets...
As always cross-check with other indicators.
Good Luck
Goldybug
One cannot say it has exactly as there are always exceptions.
However, a triple crossover of the upper band is a fairly strong indicator that a down tick is imminent.
So either gold will fall or silver will rise. It is for you to decide and place your bets...
As always cross-check with other indicators.
Good Luck
Goldybug
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.