XAU/XAG - 25th January 2024 | @ 264 Days | + 9.59%
Last trade: + 9.59% | 'B' class signal detected in Gold/Silver ratio. Running at an average wavelength of 264 days over 12 iterations since February 2015. Currently peaking.
ΣL Cycle Summary
This excellent, longer term, periodic wave in the gold to silver ratio peaked very recently and is likely now on it’s way down to the next trough iteration, due May 2024. This means silver will outperform gold during this down leg, likely manifested in increased amplitude for silver relative to gold. Both metals have virtually identical frequency profiles, variance is mostly governed by differing amplitude (volatility). This ratio helps us to identify a periodicity in that difference and choose instruments accordingly when faced with similar phasing.