SE Asia Consulting ’s Post

Gold may rise to 2041.00 - 2046.00 Our preference buy above 2028.00 with targets at 2041.00 & 2046.00 in extension. Alternative scenario Below 2028.00 look for further downside with 2022.00 & 2014.00 as targets. Resistances 2054.00 2046.00 2041.00 Supports 2028.00 2022.00 2014.00

Gold may rise to 2062.00 - 2070.00 Our preference buy above 2047.00 with targets at 2062.00 & 2070.00 in extension. Alternative scenario Below 2047.00 look for further downside with 2036.00 & 2029.00 as targets. Resistances 2078.00 2070.00 2062.00 Supports 2047.00 2036.00 2029.00

The gold/silver ratio (GSR) is the current price of an ounce of gold divided by the current price of an ounce of silver. It’s a simple numerical calculation that shows how many multiples gold is trading relative to the price of silver, a common indicator used by precious metals investors worldwide. The ratio is most useful at its extremes. When the ratio has topped 80, it has signaled a time when silver was relatively inexpensive relative to gold. Silver went on to rally 40%, 300%, and 400% the last three times this happened. Likewise, the three times the gold / silver ratio has fallen below 20 in the past, it has marked a period when gold was relatively inexpensive compared to silver. Rule of thumb: GSR above 80. Buy/Trade to Silver GSR below 50. Buy/Trade to Gold Could the Silver Price Really Hit $100 per Ounce? Keith Neumeyer CEO of First Majestic Silver Corp. seems to think so as he set a 130$ price target for silver on Palisades Gold Radio back in 2017. Could the Silver Price Really Hit $100 per Ounce? (Updated 2024) Written by: Melissa Pistilli https://lnkd.in/eyRVkcGE Keith Neumeyer: The Numbers Sound Crazy, but I Predict $8,000 Gold & $130 Silver https://lnkd.in/ewRM9sha Here Is Why Silver Demand Will Climb to a New Record High! - Keith Neumeyer https://lnkd.in/eQpRvYnZ Graphic by Visual Capitalist Excerpted from GoldSilver.com

✨ GOLD to SILVER PRICE RATIO: Uncover a silver secret! With all the buzz around gold reaching an all-time high, it has pushed the Gold-Silver Price Ratio to nearly 86:1! This means you must purchase roughly 86 ounces of silver to equal one ounce of gold. 🥈💰 While gold continues to climb, a secret lies in the capacity for silver's price to increase and close the ratio gap. A ratio above 80 is positive for silver, indicating that silver is an inexpensive buy relative to gold. 📈The highest gold-silver ratio in recent history occurred in April 2020, following the onset of the Pandemic when the price of gold overshadowed silver by more than 125:1. The gold-silver ratio has been one of silver's most reliable technical ‘buy’ indicators. Currently, the ratio indicates that silver is extremely undervalued relative to gold, which presents a promising opportunity for those considering silver investments. 😱 🌐✉️Visit cmigs.com to sign up for our daily spot price email and stay current with the gold-to-silver price ratio. #MarketAnalysis #cmigoldsilver #silverbullion

Message to Gold Buyers: Gold today is like holding a grenade with its safety pin removed, and you're in a room sealed off from all sides. You can't hold onto it for too long without facing risks, nor can you throw it away for fear of being hit by its shrapnel. you can't consider the gold as pure investmen. It's mainly a shield protection against market volatility. However, when the need for protection diminishes, gold could experience a sharp decline.

Gold starts downside retracement. 2145$ area is the nearest target. The next step is to watch for more extended bearish patterns - DRPO "Sell" and 4H H&S patterns that could trigger action to 2100$ in perspective of couple weeks: https://lnkd.in/dQzgJEH9

With inflation on the rise and gold pricing at an all-time high, the world of Gold is now buzzing with opportunity! When considering buying gold, consider these essential aspects: purity, weight and form, manufacturing, and finding a reputable firm. Purity is the most crucial characteristic. Investment gold is north of 99.99% purity with only trace amounts of non-gold material. The term “fine” or “fineness” is used for investment-grade precious metals for gold, silver, platinum, and palladium. Examples are .9999 fine gold, .999 fine silver, and .9995 fine platinum. Not all forms of bullion are stamped with their fineness, such as a popular option like the American Gold Eagle, so working with a reputable dealer who can provide viable options for investment-grade bullion is essential. Check out the blog "10 Tips for How to Buy Gold Bars and Store Them Properly" on our site to learn more. DM “GOLD” for a direct link! #cmigoldsilver #goldbullion #buygold #preciousmetals #allaboutgold #gold

Gold and silver are challenging major resistance points today. In intraday trading thus far, gold peaked at $2,404.00, silver at $30.55, platinum at $1,072.00, and palladium at $998.00. As of a couple minutes ago, here were the bid and ask spot prices at which Liberty Coin Service was buying and selling physical precious metals: Gold. buy spot price $2,397.75/$2,401.75 Silver: $30.32/$30.42 Platinum: $1,066.00/$1,078.00 Palladium: $981.00/$$1,016.00

Precious metal prices soared in overnight trading, with gold hitting a new all-time high above USD $2,460 per troy ounce (oz). Silver also surged, rising above USD $31oz, with market participants convinced the United States Federal Reserve will soon commence an interest rate cutting cycle. While gold can be expected to thrive in such an environment based on historical observation, it is silver that may see the really big move performance wise, as silver typically outperforms gold by a significant margin in precious metal bull markets. This is a subject we explore in our recently released ABC Bullion market exclusive: Silver – A Sterling Investment. Access the report today at abcbullion.com. https://bit.ly/3xUKdfW #ABCBullion

We clearly gives indication to avoid short in Gold and silver Today and also gives a proper Gold buy call here.