Gold Fields Limited American Depositary Shares (GFI) Social Stream
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$SPY $GOLD $SLV $AG $GFISunglasses11, published May 28, 2020
Chris Vermeulen - Technical Traders Ltd. - Tue May 12, 3:56PM CDT
If our research is correct, we will see an upside price move in Silver to levels above $21 to $23 over the next three to five+ weeks.
At the same time, Gold will likely rally to levels near $1999~$2100.
This simultaneous price rally in both Gold and Silver should prompt the Gold:Silver ratio to stay rather elevated.
But the next move in Silver, above $25~$30, should push the Gold:Silver Ratio below 100 from current high levels which would collapse the RSI level showing us the longer-term price rally in Gold and Silver has confirmed.