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GOLD/SILVER (COMEX) ratio charts has done 1.62 Fibonacci of its Inverse Head & Shoulder breakout.
It has immediate parallel channel resistance near 109, if it breaks above it then next resistance is at 118 where it has a Bearish Harmonic Bat.
Current support is at 102, below that it could test the breakout level at 92
GOLD/SILVER (COMEX) ratio charts has done 1.62 Fibonacci of its Inverse Head & Shoulder breakout.
It has immediate parallel channel resistance near 109, if it breaks above it then next resistance is at 118 where it has a Bearish Harmonic Bat.
Current support is at 102, below that it could test the breakout level at 92
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.