Silver - Pennant Formation - Up & Gold Silver Ratio - ResistanceSilver Upside potential is starting up. As we compare both the charts.
->Gold/Silver Ratio has touched a resistance indicating a reversal, which means more flow to silver.
->Silver charts if we look individually is showing a small pennant/flag formation, indicating a small base for further upside.
About GOLD/SILVER RATIO
The Gold-Silver Ratio represents how many ounces of silver it takes to buy a single ounce of gold. Today the ratio floats, since gold and silver prices are adjusted daily by market forces, but this wasn't always the case. The ratio has been permanently set at different times in history - and at different places - by governments seeking monetary stability.
Trading the Gold-Silver Ratio makes sense for those worried about devaluation, deflation and currency replacement. Precious metals have a proven record of maintaining their value in the face of any contingency that might threaten the worth of a nation's fiat currency.
Trading the Gold-Silver Ratio makes sense for those worried about devaluation, deflation and currency replacement. Precious metals have a proven record of maintaining their value in the face of any contingency that might threaten the worth of a nation's fiat currency.
GOLD SILVER RATIO Rounded Top Pattern#GSR Gold Silver Ratio putting in a Rounded Top as the Pattern is now clear and no doubt left of any alternate patterns to form
#XAGUSD to start Outperforming #XAUUSD as the Gold Silver Ratio has failed to sustain above 90 and breaking down which opens the target of 80 and lower levels
MACD Indica
Gold silver ratio vs niftyGold/Silver vs Nifty analysis. Nifty bottom is done when gold vs Silver ratio peaks at top (Gold value/price is higher than silver value/price), now if you clearly see the gold vs silver ratio curve is going down means silver is getting strong, this indicates the nifty is about to move upside.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.