A sideways B of B wave is almost complete and a violent C of B may be next. A breakup on GSR would likely be larger drawdown in metals.
If the GSR breaks down, it's very bullish for metals, but right now momentum looking like it wants to go up.
If the GSR breaks down, it's very bullish for metals, but right now momentum looking like it wants to go up.
코멘트:
GS getting close to a breakout here. Silver is getting killed.
코멘트:
silver is close to major support of 22.30 with hidden daily bullish divergence.
코멘트:
breakout on G/S ratio - bad for metals especially silver.
코멘트:
weekly breakout continues, Any drop in the ratio is a short opp for silver especially.
