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Lines in the Sand for Gold and Silver

From youtube.com/palisaderadio

Patrick examines the ratio of the junior miners to silver, and currently, we are in a triangle pattern that could break in either direction. Hopefully, we get another bounce off of support and takeout overhead resistance. He sets some specific targets on the six-month silver junior chart necessary to hold this phase of the bull cycle. Franco-Nevada often leads gold out of bottoms, and he shows some of the interesting technicals on this chart. It oscillates off a one-year moving average, and the chart shows when a rally usually occurs. Presently ...

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  • Category: Technical Analysis