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

Re: Gold Stocks/Trades/Gold-Silver ratio/Haligonia *PIC*

Yes Silver is looking much improved today. Price has recently cleared its downtrendline. And more importantly price also cleared a lot of resistance from 30 to 31. It does have to clear AND hold above 31 to be meaningful but it is impressive so far. Seasonally this is a strong time for Silver and Platinum both moreso than Gold. Even a dead cat bounce to the Fib 38.2% point would see Silver run to 35 so this bounce while technically bullish still has a lot of work to do. I'll be more impressed with a close above 31 that holds up.