GOLDSILVER trade ideas
gold/silver short MUST SEE!!!!On the gold/silver chart, I see price follow a consolidation period. Price seems to have reached resistance zone while creating a xabcd pattern followed by a rising wedge/pennant depending on how you see it.
waiting for price to break out of that pattern so I can enter. Looking for entries on the 4hr/1hr timeframe.
safe trade guys.
Gold/Silver Ratio at long term resistanceIn the last 20 years the ratio was contained by 83 level, which it is retesting at this very moment.
I find interesting how it was inversely correlated with stocks up to 2011, and then suddenly changed its nature completely, and started riding the SPX advance.
Gold/Silver Ratio: RSI + Bollinger Bands = Buy or Sell?We only have data stretching back to 1998, but from what we can see, it seems quite clear when has been a good time to buy and sell silver.
The question is: will it continue? Are the RSI and Bollinger bands reliable indicators for future buy and sell points?
Any thoughts or discussion points? Fire away.
