XAUXAG - Short term strength in Silver relative to Gold

By KarYong
Updated
With XAUXAG looking to fall lower, it is an indication that silver will be relatively stronger than gold in the short term.

If you are looking to buy into the precious metals, silver may be a better metal to focus on.

If you are looking to sell into the dip on precious metals, gold may be a better choice.

*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.

The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
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Short term long on Silver
Elliott WaveGoldSilverWave AnalysisGOLD/SILVER
KarYong

Disclaimer