Hello Everyone.
I suggest you to see my analysis about Gold/Silver Ratio before starting to read this analysis. It is Linked below.
As you can see n the chart , Silver has been ranging since 3rd August 2020 . That was When Gold ended its Bullish move .
In a Trading range, There are two Strategies:
1: You can wait for the price to touch either levels of the range , and base your trades on rejections from those levels.
2: Or you can wait for the price to break either levels and ride the Trend.
For now , Silver is at the buttom of the trading range. Wil it break downside and disappoint Silver investors or Wil it rise and touch the upper band of the tradine range? Or Will it repeat the history and make new ATH according to Gold/Silver ratio?
Pls comment your ideas Below. Im really waiting to read your valuable ideas.
I suggest you to see my analysis about Gold/Silver Ratio before starting to read this analysis. It is Linked below.
As you can see n the chart , Silver has been ranging since 3rd August 2020 . That was When Gold ended its Bullish move .
In a Trading range, There are two Strategies:
1: You can wait for the price to touch either levels of the range , and base your trades on rejections from those levels.
2: Or you can wait for the price to break either levels and ride the Trend.
For now , Silver is at the buttom of the trading range. Wil it break downside and disappoint Silver investors or Wil it rise and touch the upper band of the tradine range? Or Will it repeat the history and make new ATH according to Gold/Silver ratio?
Pls comment your ideas Below. Im really waiting to read your valuable ideas.
