Intraday Market Thoughts

Archived IMT (2010.09.01)

by Ashraf Laidi
Sep 1, 2010 19:22

GOLD-SILVER RATIO http://chart.ly/g2plri3 Chart shows the G-S ratio testing the 65 level, which is the trend line support extending from the March 2008 low, which is the date of the Gold's first post 1980s record high. A break below the trendline would accompany further gains in Gold and Silver, as the ratio has proven inverse related with the price of both metals.

 
 

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