Intraday Market Thoughts
View Latest IMT | Archives Calendar | Titles by Month

Silver’s Downward Spiral vs Gold

by Ashraf Laidi
Jun 24, 2013 21:29

Following gold's two failed rallies of 12% and 6% in April and May respectively, the next failure point is increasingly suggested to be near 1345-50. This may intensify silver damage, particularly as the Gold/Silver ratio has broken well above its usual +73% rising cycles (see past 20 years in chart) to chart a 99% rally from its 2011 lows. More charts & analysis here

Click To Enlarge
Silver’s Downward Spiral vs Gold - Gold Silver June 24 (Chart 1)

 
Previous Next Archives
 

Latest IMTs