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TFC Commodity Trading Forum

Re: Easy Way to Watch Gold & Silver/Ronbo

Hey Ronbo. Well the Silver or Gold price on a selloff or rally depends on the Ratio as when Silver goes up the Silver to Gold ratio can change from say 60 to 1 to 30 to 1 at the top like it did in April/11. And visa versa on the way down with the higher beta Silver. But both are at a critical point now and can't just sit here spinning their wheels. A breakout with some firepower back up or selloff down is due at this point. And since Sept a lot of damage has been done to both and they are still having lower highs and lower lows and for the 1st time in years are trading below their long term uptrendlines 200emas as well. Doesn't mean it can't turn around but since Sept the trend is down. Only thing I've been doing is trading the channels on the intraday charts. Can do that anytime regardless of direction. But it would be nice to actually catch a trend for a decent ride without all the baby sitting and jack rabbit trading.

Thanks for support by the way, along with others fed up with outrageous comments and attacks. With all the b.s. and deception in the world from politics to wheeler dealers to just plain smart ass types looking for attention it gets difficult to tolerate and now and again I just flip out on these types. Not that it makes things better but at least it lets those types know they can't keep it up without consequences. Hopefully these types will get over themselves and be honest and forthright in their comments over time. Until then XXXX 'em....,lol.