Skip to main content

Silver Technical Update (video): Not keeping up with gold

Dr. Copper down hard, silver following too.  Gold to Silver ratio showing that silver is not keeping up with gold prices. Ratio nearing 90 ounces of silver to 1 ounce of gold.  Lower highs, lower lows, silver not trending.  Copper prices could get a bounce, highly oversold.  Platinum fighting 18 day moving averages of closes but trending lower, with bias down.  Palladium lost its bullish embedded reading, it often leads to a pullback to its 18-d.m.a. Momentum lost, has to rebuild.

About the author

Average: 4 (1 vote)

Newsletter Signup

Join the Free Weekly Silver Review!
SilverSeek.com week in review delivered direct to your inbox!