Follow the plan: Today the Ration id DOWNTREND and Prices are UP. So buy Silver (see below).
No Options trades as BB width is "narrow"... so sit and hold. Use 1 or 4hr and Daily Charts for true trends.
GOLD-SILVER RATIO TREND GOLD AND SILVER TREND SIGNAL
Gold-Silver Ratio Uptrend Gold and silver in Uptrend Buy Gold
Gold-Silver Ratio Uptrend Gold and Silver in Downtrend Sell Silver
Gold-Silver Ratio Downtrend Gold and Silver in Uptrend Buy Silver
Gold-Silver Ratio Downtrend Gold and Silver in Downtrend Sell Gold
Options Arbitrage vs. Spot Pricing delays-
Gold will move first. Then Gold Miners then Silver. You can't be "too late" to a major move in the precious metals.
Watch for major events and Currency changes/announcements. Also Triple or Quad "Witching Days" can make sell moves on
precious metals as trades need cash to cover margin calls.
Never sell options when Bollinger Bands are 'narrow'. Just sit... MACD and MA can show trends and Peaks. See Charts.
When BB width is "Wide" and Price is "Up" then sell CALLS.
When BB width is "Wide" and Price is "Down" then sell PUTS.
Physical ETF's- I don't feel SLV and GLD can actually "deliver" physical bars to paper holders... Caveat emptor.
XAGUSD
SIVR
SLVO
XAUUSD
OUNZ
GLDI
IAU
GLDM
SGOL
BAR
AAAU
No Options trades as BB width is "narrow"... so sit and hold. Use 1 or 4hr and Daily Charts for true trends.
GOLD-SILVER RATIO TREND GOLD AND SILVER TREND SIGNAL
Gold-Silver Ratio Uptrend Gold and silver in Uptrend Buy Gold
Gold-Silver Ratio Uptrend Gold and Silver in Downtrend Sell Silver
Gold-Silver Ratio Downtrend Gold and Silver in Uptrend Buy Silver
Gold-Silver Ratio Downtrend Gold and Silver in Downtrend Sell Gold
Options Arbitrage vs. Spot Pricing delays-
Gold will move first. Then Gold Miners then Silver. You can't be "too late" to a major move in the precious metals.
Watch for major events and Currency changes/announcements. Also Triple or Quad "Witching Days" can make sell moves on
precious metals as trades need cash to cover margin calls.
Never sell options when Bollinger Bands are 'narrow'. Just sit... MACD and MA can show trends and Peaks. See Charts.
When BB width is "Wide" and Price is "Up" then sell CALLS.
When BB width is "Wide" and Price is "Down" then sell PUTS.
Physical ETF's- I don't feel SLV and GLD can actually "deliver" physical bars to paper holders... Caveat emptor.
XAGUSD
SIVR
SLVO
XAUUSD
OUNZ
GLDI
IAU
GLDM
SGOL
BAR
AAAU