Gold/silver ratio

Discussion in 'Silver' started by openeyes, Aug 27, 2019.

  1. Tokyo

    Tokyo Active Member

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    Got some level at $26&28 if we can clear then $36 As Next major level . Let’s see how market respond
     
  2. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    75 to1 by the end of the day and in the 26s now since this afternoon.
     
  3. Tokyo

    Tokyo Active Member

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    We have strong price action into 26 profit taking/ new shorts . Probably just doing some retest of old supply
     
  4. monopolize

    monopolize Well-Known Member Silver Stacker

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    Thanks for your input Tokyo. What would be the downside target if it fails to get over $26?
     
  5. Tokyo

    Tokyo Active Member

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    Correction retest probably done . Should try tag 26 again unless wants make more of complex . Need to be ready and act fast when strong up trend decide to backtest
     
  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    I noticed this time that silver started going up, then gold then bitcoin.
     
  7. Tokyo

    Tokyo Active Member

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    Technical level is more important to me then what move first
     
  8. Tokyo

    Tokyo Active Member

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    Here we come for important test again, above 28 Should trigger next expansion target as $35 . Same old level I been mentioning
     
  9. Tokyo

    Tokyo Active Member

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    Perfect ratio also at important level here Consolidating at level. If we slice 1:76 bigger Extension lower . Nice move from 126 down to 76

    check my old post to follow my technical calls
     
    pi, slavaja and Holdfast like this.
  10. slavaja

    slavaja Well-Known Member Silver Stacker

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    Spot on calls Tokyo
     
  11. alor

    alor Well-Known Member Silver Stacker

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    it may as well flip to 1:50
    then we will be after the yellow metal with the boat
     
  12. Tokyo

    Tokyo Active Member

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    Fast move now I believe Consolidate between $26&28 Then major 35 level coming up .
    If we slice $36 “Sayonara cheap silver” Huge potential
     
    clear and sgbuyer like this.
  13. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    73:1 roughly now
     
  14. Tokyo

    Tokyo Active Member

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    Technical Monthly level coming up at 67:1 and consolidate **61% backtest of Monthly level is going to be very interesting
     
  15. alor

    alor Well-Known Member Silver Stacker

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    hot knife cut butter
     
  16. Tokyo

    Tokyo Active Member

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    $28 Support for backtest now my target To 35-36
     
  17. Markco2

    Markco2 Well-Known Member Silver Stacker

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    Approximately 70:1
     
  18. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    GSR has just breached below 70 for the first time since 2017 :eek:

    E5CC81BA-7EAF-47F9-BFBB-8BD81EC00FAF.png
     
    66rounds likes this.
  19. alor

    alor Well-Known Member Silver Stacker

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    recent low
     
  20. Ronnington

    Ronnington Member

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    interesting that the physical G-to-S ratio is more like 61:1....
     

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