Silver/Gold Ratio About To Send Multi-year Bullish Breakout Message?

Иy kimblecharting

08/05/2019

 

Precious metals are beginning to catch the eye of investors around the world.

In particular, Gold has been performing quite well. But, as many investors know, it takes two to tango.

And silver is an important part of that tango. Perhaps more important than gold.

Why? Because bull markets in precious metals tend to occur when silver is leading the way.

Right now, the silver-gold ratio is in a downtrend. However, Silver finally started playing along and has pushed the ratio back up to test its breakout resistance line.

Make no mistake, this is a big test for the ratio as July turns the page to August. Can metal heads cheer (buy) Silver en route to some out-performance? Stay Tuned!

This article was first written for See It Markets.com. To see original post please CLICK HERE.

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https://www.zerohedge.com/news/2019-08-05/silvergold-ratio-about-send-multi-year-bullish-breakout-message

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