“SPX to Gold/Silver Ratios Explored – What To Expect Next” – Technical Traders Ltd. #silver

TSI editor’s note: In a new article from Chris Vermeulen of Technical Traders Ltd., Vermeulen discusses the Gold to Silver Ratio from the perspective of technical analysis to try to predict potential scenarios for future prices. According to Vermeulen, “Using similar ratio analysis calculations in the chart below, we believe the upside price target for Silver would target 5.5x to 7.5x current Silver price levels, assuming the ratio level falls to levels below 0.30. That places the ultimate peak level in Silver near $156 to $213.”

Photo by Burak K on Pexels.com

Continue reading at: https://www.thetechnicaltraders.com/spx-to-gold-silver-ratios-explored-what-to-expect-next/

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