Long Term Outlook
According to this chart gold is in a downtrend against silver. Price may be trading within a descending channel. If price follows the path of this channel, then I expect a 30-35 Gold/Silver ratio. I bought some silver today and it brought me here to see what’s going on with the ratio. Silver is lagging behind I get it, but it will catch up and outperform gold in the long run.
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.