Gold/Silver Ratio - Serious, Silver, Spike
Following on from my Gold & Silver analysis I'm finishing up with some analysis on the Gold/Silver ratio. Expecting another silver spike to correspond with the 5 wave in both Gold & Silver. Since the start of the metals rally back 2018 my motto has been buy Gold on pullbacks and buy Silver on momentum. Then close out both at the end of a significant move. Keep in mind Fed Chair, Jay Powell is speaking on Thursday and is likely double down on his commitment to greater than 2% inflation until employment targets are met. We can definitely expect some short term volatility coming soon (In both directions due to the Dollar most probably liking the policy *Strangely enough*).
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.