Silver Technical Update (video): Not keeping up with gold

Ira Epstein
|
Tuesday, January 28th

Dr. Copper down hard, silver following too.  Gold to Silver ratio showing that silver is not keeping up with gold prices. Ratio nearing 90 ounces of silver to 1 ounce of gold.  Lower highs, lower lows, silver not trending.  Copper prices could get a bounce, highly oversold.  Platinum fighting 18 day moving averages of closes but trending lower, with bias down.  Palladium lost its bullish embedded reading, it often leads to a pullback to its 18-d.m.a. Momentum lost, has to rebuild.