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

The MACD …

Posted by Captain Hook @ 13:12 on August 7, 2024  

… on the Gold / Silver Ratio is just a touch over-extended (heavy on the sarcasm).

And open interest (OI) in futures for both gold and silver are coming down.

Metals Daily Exchange Volume & Open Interest – CME Group

Should find a bottom sooner rather than later … whatever that means these days. (~450K in Comex gold OI)

This is very good considering gold is still vexing $2400 and acting like a stallion today in spite of the algos and other crap the commies throw at it non-stop.

Cheers all

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