Silver/Gold Indicator attempting multi-year breakout

By Chris Kimble / June 07, 2018 / kimblechartingsolutions.com / Article Link

CLICK ON CHART TO ENLARGE

Above looks at the Silver/Gold ratio over the past 18-years.

Three different times the ratio hit support alone line (1) and turned higher, sending a positive message to Silver and Gold.

The ratio hit 15-year support again a couple of months ago, which appears to have held.

Last month and this month the ratio is pushing higher and is now attempting a breakout at (2). A push higher by this ratio is a positive for both Silver and Gold.

If charting and actionable ideas on Gold, Silver, Mining stocks and Copper are of interest to you, we would be honored if you were a Metals Member.

-

Recent News

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com

US a major market for Canadian mineral exports

November 11, 2024 / www.canadianminingreport.com

Gold stocks down along with broad equities decline

November 04, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok