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: Silver/Trades/Ronbo/rabbit *LINK*
In Response To: Silver/Trades/Ronbo *PIC* ()

Silver is still in the dumps. The ratio of Silver to Gold is now over 62 to 1 and Silver tends to outperform Gold when its starting back up again. No sign of that whatsoever yet. The breakdown below $26 was a major breakdown much like Gold below the $1525 area. Until price can re-clear that major breakdown point all you can do with it is day trade it with intraday charts if you must. Precious metals do historically bottom in late summer so perhaps a rally is not that far away. But the chart will tell you that. Meanwhile if it looks like a bear and acts like a bear it's probably a bear. That's all I see here.