The Gold/Silver ratio is currently flirting with the Fibonacci 61.8% retracement level measured over the entire 65.12 to 119.04 range traded since March 2020 at 98.44. The 14 week relative strength index is at 66% after having reached the 73% level in early April 2025. The MACD-V weekly reading of 202 suggests that this ratio is running into overbought territory and is a warning that downside retracement is a possibility with focus on the rising 40 week moving average at 89.54.
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