Don't ignore the the gold/silver ratioSilver is trading higher relative to gold, as the gold/silver ratio (XAUXAG) once again encountered sellers above 91. This level is becoming increasingly significant, given the number of rejections observed over the past two years.by Saxo2
The trend is your friend in a hedge. Trading XAUXAGThe trend is your friend in a hedge. Trading XAUXAG means going long gold short silver. using the daily tf is the safety net green is more gold while red is more silver - which is winning? Trade in hedges and you win all the time gold vs silver hedges - either buy buy or sell selL or buy sell or sLongby mann4561
ShortYesterday 4H fell below the effective fractal, and yesterday the daily BBI turned down. The weekly line is likely to turn lower this week. The last few days of the month may fall to a pivot point, suggesting that silver will be stronger than gold next.Shortby Freedom_CN1
daily chart shows gold in a breakoutdaily chart shows gold in a breakout: Green for gold red for silverLongby mann4560
H&S on XAUXAG Nice short coming in on a break of the neckline of a #HeadAndShoulder pattern @ 79.80 on the 4 hourly LUX Algo - Under Sell with a down trend Autochartist.com - Probability 71% & Quality 8/10 - Target 78.00 My Trade: Entry: 79.45 Target: 77.90 Time Frame: 3 days Boom! @theRaggyShortby theRaggy111
Cycle is up until 5-6 FEB. (Bearish precious metals).As you can see in my related idea and on this chart - the smaller cycle perfectly caught the high and low in the recent three weeks. Now even though the longer term cycle turned down - looking at the price action I still think the smaller cycle being up will bring one more flush in precious metals. Longby CSInvestmentUpdated 3
Gold/Silver cycle tops late January.Cycles top soon and will continue down till July. This means bullish precious metals and silver will outperform gold. Downside price target in this down cycle for the ratio is 42.Shortby CSInvestment2
xauxag (gold silver ratio) High pole established target 88 area if gold hits 2000 silver will be around 23 if the ratio stays at 88 (it may go much lower) if it goes to 60 silver will be 33 but it even can go to 30 that means silver could hit 66 what it all means the risk reward is in the buy side anywhere from silver 23 tShortby Nidal-Alzubaidi2
XAUXAGit will take sometime free silver from the GOLD hedge but it will happen and silver will be free to move higher silver on all other currencies (JPY, AUD, EUR, ....) has stage a nice up sun with buy signals and new highs except for XAGUSD the decoupling will happen and when it happens it will free Longby Nidal-AlzubaidiUpdated 6