Gold Cup and Handle and Gold/Silver Ratio

FOR EDUCATION ONLY

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The Cup and Handle is a bullish pattern for gold.

The video presents time series charts for gold, and the most analytic chart has a developed cup and a formative handle. Gold has not deviate yet from the massive Cup and Handle pattern, but the deviation is on the horizon. The Cup and Handle Confirmation comprises a gold price above all time highs of the Cup.

Gold prices are as cheap compared to the S&P500 as they were in 2002, right before a big rally.

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Click on the following web link to examine a 20-year gold price chart.

https://goldprice.org/gold-price-chart.html

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Click on the following web link to examine a 20-year silver price chart.

https://goldprice.org/gold-price-chart.html

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Gold/Silver Ratio

In addition to just examining gold price charts, you can also use the gold/silver ratio price chart. The gold/silver ratio is simply the amount of silver required to buy a single ounce of gold. For example, if gold is at $1200 per ounce and silver is at $15 per ounce, the ratio would be calculated as $1200/$15 = 80. This means it would take 80 ounces of silver to buy a single ounce of gold.

Charts of this ratio may potentially be useful, as some use the ratio for buying signals. For example, if the ratio is at 80, some might consider silver relatively less expensive than gold and will buy silver. If the ratio was considerably lower, like 40, some may consider gold relatively less expensive and buy gold rather than silver.

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