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"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Monday, November 21, 2011
Gold-Silver Ratio updated
What is really concerning about the GSR proxy GLD-SLV is that it is not even over bought. MACD is beautiful and RSI and STO are under control. If this thing breaks current resistance and gets impulsive to the upside, it will get really nasty out there in the broad markets.