Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Silver Continues to Run *PIC*

Silver continues to breakout and score new highs. The important Silver to Gold ratio continues to narrow showing Silver getting stronger not weaker. Now down to 34 to 1. Even a recent major reversal bar only brought Silver back to the $40 breakout point support area and after testing this support turned back up again and ran to new highs.

Note how since last August price simply rides the 20ema in its uptrend other than the brief Jan correction period. That continues to occur and a 2-3 day close below the 20ema will also be a warning of a loss of momentum and a correction of some magnitude when it happens. So far it's still "To the Moon" time. As far as time goes this run up is very long in the tooth with too many believers and when it does top out it will likely go down much faster than it went up.

Messages In This Thread

Silver Continues to Run *PIC*