Commentaries, Silver

Gold-Silver Ratio (GLD-SLV)


The GSR maintains the post-consolidation bottom pattern by weekly chart. AROON trend has turned down (as has the daily) and MACD is waffling, but in positive territory. The support/resistance lines on the RSI should break this thing one way or the other. And if it’s up, the deflationists will be pretty happy for a while.

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