Study: what happens next when gold and silver swing sideways in a narrow range

[Troy Bombardia]

Gold and silver (especially silver) have been swinging sideways in a narrow range for a long time.

Historically, this is a medium term bearish sign for precious metals. It also suggests that precious metals are not on the verge of a new bull market

https://bullmarkets.co/study-silver/

 

[JETLIU]

hey，dude, we can't predict the market,but follow the market with loss stop

 

[JETLIU]

well, i think gold is at the medium term tops, the short in gold market is stronger than it in silver market, hence, there is a gold --silver arbitrage strategy: short gold and long silver in the same time

 

[JETLIU]

honestly speaking, Chart comes to priority in my trade, and then the data

 

[_eug_]

Seems to me like all the dips in gold are being aggressively bought up. they wont let it go below 1290 for almost 3 weeks now.

 

[treeman]

hey，dude, we can't predict the market,but follow the market with loss stop

Those 2 statements are not mutually exclusive. Many of us predict markets every day. That’s what being a speculator is.