Hey Guys, Silver has been slammed the past few weeks, way harder than Gold, and that left a HUGE GAP in the Gold:Silver chart.
History shows in the chart that the gaps always close back together...Gold and Silver price are usually very correlated, but sometimes they diverge, sometimes one rises/drops a lot more than the other or even go opposite directions in price.
But the gaps closed back everytime looking back at the chart, will Silver rocket higher or Gold drop massively to meet Silver which is unlikely? It looks like both might have bottomed out after a huge selloff the last few weeks.
Please comment and let me know what you think!
Please upvote and follow if the chart was helpful in giving a perspective on the Gold:Silver price action!