OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Just got a buy signal if it can follow through.

Posted by Captain Hook @ 11:21 on August 29, 2023  

No reason to think it won’t.

The GLD/SLV ratio just broke a massive head and shoulders pattern it has been tracing out all year. Look at it on the weekly chart.  GLD:SLV | SharpCharts | StockCharts.com
It’s just the first day, and it will likely backtest whenever stocks decide to crash this fall, but the pattern is clear, where this year is shaping up to be a close repeat of the year 2000 that brought in an 11 year bull market in precious metals.
Have a nice day.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.