Gold/Silver Ratio 1M

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The Gold/Silver ratio has had a significant run from April 2011 to March 2020. Pushing the price of gold much higher than Silver.

Although this is a very boring chart to keep watch of, currently price action is holding support at the 81 zone. However, the RSI is holding a more critical support at 50.

While measuring the SRSI, momentum seems to favour the downside.

Perhaps some much needed re-balancing is in our lucky stars for Silver.

Penafian

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