Silver's last greatest "gold vs silver ratio" buy signal already enacted since June 2020. Still early... #silver #gold #fintwit $slv $gld #sitfolio
Silver still above it's 3 year moving average 1980 highs & with a completed retest of that breakout. Rate of change should keep picking up steam... until once again... crescendos in a melt-up top!
Zoom in on Silver's "post 2003 breakout", which didn't feel like a breakout. What happened next after final market digest of noise? Yep, Melt-up!
Gold currently skewed towards lower boundary, while silver is practically sitting in no-man's land. No wonder lots of confusion out there.
An old setup of indicators I used a lot during my "short" the market days... now revisited, they look primed to suggest a market crash is right around the corner.
Like gold's still above it's monthly defined "wall" (previous resistance turned support), 30 year real yields are correcting similarly. Expect some turbulence until this bounces back down. Either gold bull era is over OR a huge amount of fuel to drive it higher is baking in. $gld
urety of technical analysis. Arc's are of the most powerful variety, encompassing MANY technicals in a one stop shop! What works for #etheruem and #bitcoin, works for #gold and #silver.
Studying more closely, spx was already doing lower highs leading to 2008 crash. It completly broke down 56 days after silver did...
Maybe, if this analog holds.We got 112 days to think things through...
30 year real yields refusing to fall will stifle gold & silver's advance. Until resolved... patience required.
DXY vs Gold on Mansfield Relative Strength DXY vs Silver on Mansfield Relative Strength
A day does not make a month. The monthly signal is a daily digest of price action before confirming it's important close. Until overturned, #Silver Junior Miners have a monthly confirmed breakout on December 2020 monthly close. #sitfolio #gold #fintwit
Is this the end OR another go for low yields in this disinflation cycle before? Zoom out to see next important pivot point for #gold's "disinflation" cycle driving macro driver. Gold has held relatively well, while the bonds stronger correction. #silver
If inflation stays flat or decreases, #gold can still rise in #disinflation cycle as long #inflation is higher than nominal yields. That part of equation is currently correcting. Until inflation REALLY wakes up, you don't want #bonds to go down
Mansfield Relative Strength vs DJIA showing a rare occasion where gold is ready to land on the moon.
Still early in the silver bull cycle. Fuel for HUGE gains ready to be consummed.
Good things tend to occur when above 1 & 3 year moving averages.
Silver Junior Miners Monthly Linear Chart showing inflation surprise right around the corner! HOLD ON TIGHT.