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The above chart is the Silver/Gold ratio. Strong rallies in both metals often take place when this ratio breaks above key falling resistance over the past 15-years.
At this time the ratio remains inside of a three year falling channel. The ratio has had a nice rally since the first of June at (1). What this ratio does upon hitting falling resistance line (2) becomes very important for the bullish case in the metals complex.
Metals bulls want and need resistance line (2) to be broken to the upside!
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