Gold / Silver ratio. ( USD ) Daily.
The price is still confined within the 27/2/2012
channel(red), hit the upper line and rejected
the level(67.50), 26/7/13 double top high, close to
the crossing with the 2009 channel ( blue ).
There was already divergence in the stochastics.
The 200 sma is diverging away from the channel.
symmetric time spent, for the breakout, on this instance, may have passed.
Silver price around 19 is holding, while approaching cyclical June timeframe.
Target is the low of the channel at 64.30.
The price is still confined within the 27/2/2012
channel(red), hit the upper line and rejected
the level(67.50), 26/7/13 double top high, close to
the crossing with the 2009 channel ( blue ).
There was already divergence in the stochastics.
The 200 sma is diverging away from the channel.
symmetric time spent, for the breakout, on this instance, may have passed.
Silver price around 19 is holding, while approaching cyclical June timeframe.
Target is the low of the channel at 64.30.