Ratio hit 105+/1 earlier today.
Silver seems to have caught some wind since yesterday.
Perhaps stress in forex (yen carry trades?) affecting gold but not silver at the moment?
From the Fringe 27/9/22...
GSR falling against a falling gold price... this isn't typical. Watching the last few weeks of price action I just have that feeling that there is someone stuck in silver. Bash gold to flush liquidity out in silver seems to be the game for now and really it only seems to have started working in the last few days. I think there is more to this story, I will not bat an eyelid if it results in a fast turnaround in silver in the next month or two.
Somebody sure is stuck in Silver all right. All those bagholders at GIM. jk
Especially on a Monday, the usual beat it like a rented mule day.I don't know how long it will last but it's nice to see for a change.
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Especially on a Monday, the usual beat it like a rented mule day.
On this updated chart the completed pattern is a Triple Bottom (shaded) with the third bottom sell signal occurring at 840 following the High Pole warning.A High Pole warning on this 3 x 10 reversal - scale factor 10 Au Ag Relative Strength P & F chart. This should be interesting...
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