Silver is now trading out of an upward channel, suggesting that a five-wave move from 32.10 could be completed, so we should be aware of a deeper A-B-C retracement that can pull the metal down towards the support at 31.70 to 32.10 area. This comes in at the previous wave four and also near the 38.2% retracement, so after a slow down and stabilization at that zone, I would still expect another move higher to follow.
Looking at GOLD/SILVER ratio its coming down from 61.8% which suggests that silver can outperform gold in next bull phase.
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作者：Gregor Horvat，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
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