Are you bullish metals? Watch GOLD/SILVER ratio
Feb 17, 2022

XAUUSD XAGUSD

Gold is breaking higher, but silver is not following the move yet. We need silver higher as well for a real bullish run on metals. Break out of the channel on Gold/Silver ratio can be nice indication for higher prices on metals; similar like back in 2020. But something is clear, the higher degree trend is clearly up on gold, just not convinced yet about end of a fourth wave.

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