Silver to Gold Ratio Testing Breakout Resistance

Chris Kimble
silver gold ratio breakout price resistance new bull market analysis chart august

Silver to Gold Ratio “monthly” Chart

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!

Note that KimbleCharting is offering a 2 week Free trial to See It Market readers. Just send me an email to services@kimblechartingsolutions.com for details to get set up.

Twitter:  @KimbleCharting

Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

NOT INVESTMENT ADVICE – PLEASE READ INVESTMENT DISCLAIMER.