The historical ratio between gold and silver , also known as the Au/Ag ratio, expresses how many ounces of silver are required to purchase one ounce of gold. This ratio is watched by investors and analysts as an indicator of the mutual value of these two precious metals. The historical ratio of gold to silver has moved in different ranges over time....
Technical indicators are mixed for gold. Yet fundamentals remain bullish. As gold continues to move along upper channel line we believe that it is poised for further move up. Our short term price target remains 1850 USD and our medium term price target remains 1875 USD. Prior thoughts from 14th July 2021: More prior thoughts from 30th June 2021: Here we hinted...
How showing chart. Its possible bearish BAT or CRAB, after reach Wave D where going. But wave C is around area 1806-1820. Its good opportunity for HOLD long to 2000. Enjoy!