The Silver/Gold ratio has reached the highest levels of the year, with Silver showing significant strength and surging to 3-year highs. Analysts predict a potential rapid rise to the $37-$50 target zone, driven by factors such as supply/demand fundamentals and a close correlation with gold.
#Silver surges to a 3-year highs fuelled by 2 things: 1) Riding shotgun with #gold, the ratio remains high at 84X 2) Supply/demand fundamentals in deficit, driven by booming #solar panel demand. https://t.co/VelJ7P7m0z
Silver surges to a 3-year highs fuelled by 2 things: 1) Riding shotgun with #gold, the ratio remains high at 84X 2) Supply/demand fundamentals in deficit, driven by booming #solar panel demand. https://t.co/jgIYW1hFPh
Silver has had a MASSIVE breakout above a major resistance line When Silver moves, it can move very aggressively Our target of $35 is getting closer by the day https://t.co/6lzsNBsFYs
Silver is on 🔥🔥🔥 Approaching 3 year highs. It was stuck below $25 forever. https://t.co/OjF4VJ7p2p
Gold/Silver ratio has dropped to 83 after #Silver jumped >$28/oz. https://t.co/Ozrx38MaRS
Silver is an absolute monster. Up 1.41% to $28.20. When this metal gets going it can move very, very fast. https://t.co/dsuPFLe77H https://t.co/OIyg26Jt7J
SILVER - Longer term VERY bullish. Short term - is resistance futile? It's simply a question of how quickly we get to the $37-$50 target zone, not if #Gold #Silver #preciousmetals #Inflation #Commodities https://t.co/xLBqBBxoaU https://t.co/JwPf3sM6yg
Silver at 3year highs and playing catch up now. GUT feel is $50 comes quickly. https://t.co/MILmr3Lop9 https://t.co/NGKGHmPask
With so much going on this week, it'll be fascinating to see if Silver goes for an 'anomalous' run on it's daily distace from ma here. It'll tell us if $37-$50 is coming in a matter of weeks instead of months. Strap yourself in #Silver #Gold #preciousmetals #Commodities https://t.co/8YTVhb9PNG
Silver continues to rise after last week's break above the critical $26 level. It's catching up with gold after lagging for some time. $SLV #silversqueeze https://t.co/NRtxRQtQud
SILVER is stretched & due a correction. Peaks above this are rare on the daily 'distance from moving average' indicator. It's not manipulation, it's mathematics & physics at work. Stay rational, stay focussed, use science and the weight of evidence #Gold #Silver #preciousmetals https://t.co/DyGdXhs18g
The Silver/Gold ratio is hitting the highest levels all year https://t.co/Hp2nNwQ60p https://t.co/qpE3Ud65Q8