Gold and Silver Technical Charts

Gold and silver are short term oversold, and *may* be putting in a bottom here, at least for the short term.   The technical measures are shown on the first two charts. Silver has been underperforming gold on this latest move later.  But that is typically what an asset with a higher beta does.   It underperforms on the dips, and overperforms on the rallies. Gold and the SP 500 have turned in a similar performance year-to-date as shown on the third chart. The gold/silver ratio is high as you c

In the same section