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.

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