Gold vs. Silver
31.12.2010 - 46.07
Sell-signal since breaching the (green) support at approx. 47 - buy-signal when rising above it.
Sell-signal since breaching the (grey) horizontal-support at approx. 47 - buy-signal when rising above it, or when arriving & holding at the (grey) horizontal-support at approx. 40.
Sell-signal since breaching the 50-level. Indicators:
RSI: sell-signal since breaching the (green) support.
ROC: sell-signal since breaching the (green) support.
MACD: buy-signal still active.
AROON: new buy-signal since arriving at the (green) support.
26.11.2010 - 51.09
According to the close-up since 2008, a buy-signal was just generated with rising above the (grey) horizontal-resistance at 50 - sell-signal when breaching it again, or when reaching the (blue, red-dashed & grey) resistance-zone slightly beneath the 55-level (a more distinct buy-signal is given when rising above it). Indicators:
RSI: buy-signal since rising above the (green) resistance (sell-signal when breaching it) staying active till the (red) resistance at 50 points (a more distinct buy-signal is given when rising above it).
ROC: buy-signal since arriving & holding at the (red) triangle-apex, whereas a new buy-signal was just generated with rising above the (green) resistance - sell-signal when breaching this new support, or when reaching the (green) resistance at approx. 10%.
MACD: buy-signal since both curves started to rise from the (green) support recently.
AROON: no significant change.
The view since 1999 shows that the strong correction since breaching the (blue) support at approx. 65 represents a thrust to the downside (out of the blue triangle). Hereafter, a buy-signal was just generated with rising above the (grey) horizontal-resistance at 51 - next sell-signal when breaching it, or when reaching the (grey) horizontal-resistance at 59. 
Buy-signal since arriving & holding at the (green & red) support at approx. 50. Longer-term sell-signal when breaching the (green-dashed) support currently at approx. 47.29.10.2010 - 54.94
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The longer-term view since 1980 shows that the correction that began since breaching the middle (green) upward-trend-channel potentially goes to the lower (green) trend-channel currently at approx. 50 - longer-term sell-signal when breaching the (green-dashed) support currently at approx. 48.
The correction continued during the last month & arrived at the (blue, red-dashed & grey) support-zone at approx. 55 generating a first buy-signal - sell-signal when breaching the (grey) horizontal-support.
Indicators:
RSI: sell-signal beneath the (green) resistance still active - buy-signal when breaking baove it, or when arriving & holding at the lower (red) support at approx. 10 points.
ROC: new buy-signal since breaking & holding above the (green) support - sell-signal when breaching it, or when reaching the (green) resistance at approx. 9%.
MACD: buy-signal since both curves started to rise from the (red & green) support.
AROON: during the last month, numerous buy-signals were issued at the (green) support - yet a longer holding at these highly overbought market-situation is no infrequence (especially during longer & stronger downward-movements as typically being the case during thrusts to the downside).
24.09.2010 - 60.44
Longer-term sell-signal since breaching the (green) support - hence, a breakout or thrust to the downside is anticipated since then (i.e. silver is to be favorized against gold), whereas until now no pullback to the triangle took place & can occur any time - however, buy-signal (for gold against silver) not until a rise above the (green & blue) resistance.
Indicators:
RSI: further sell-signal since breaching the (green) support - buy-signal not until a rise above it.
ROC: buy-signal since rising above the upper (red) resistance - sell-signal in case of breaching it, or when the lower (red) support is breached.
MACD: sell-signal still active, whereas a rise of both curves can occur soon (buy-signal).
AROON: buy-signal since arrival at the (green) support.
27.08.2010 - 64.95
Sell-signal since reaching the (red) resistance, whereas a first buy-signal is active at the currently reached (blue) support - next sell-signal not until the (green) trendline is breached.
Indicators:
RSI: sell-signal since reaching the (red) resistance. Buy-signal at the (green) support, or when rising above the (red) resistance again.
ROC: buy-signal not until rising above the (red) resistance at approx. -2%, or in case of a further correction to the (green) support at approx. -5%. Sell-signal when breaching the (green & red) support.
MACD: after a short buy-signal, a sell-signal was just issued since both curves began to decrease.
AROON: with currently 56 points within a neutral- to sell-range, whereas at the (violet) resistance a first sell-signal is generated.
23.07.2010 - 65.67
Indicators:
RSI: buy-signal still active.
ROC: sell-signal still active.
MACD: still no signal.
AROON: with currently 36 points within the neutral- to sell-range.
09.07.2010 - 66.85
In the last 2 weeks the price succeeded in rising above the (blue) resistance producing a first buy-signal, however more pullbacks to this new support may take place.
Indicators:
RSI: buy-signal still active.
ROC: sell-signal since reaching the (red & green) resistance (buy-signal not until a rise above, or in case of another correction to the (red or green) support.
MACD: no signal recoverable since a sideways-consolidation takes place.
AROON: no significant change.
25.06.2010 - 65.85
The close-up since 2009 shows the triangular formation with (red & green) legs so that a buy-signal is not generated until a rise above the (red) resistance at currently approx. 70, whereas a sell-signal gets activated when breaching the (green) support. Sell-signal since reaching the (red) resistance recently, however first buy-signals get generated at the (red-dashed & blue) support.
Indicators:
RSI: buy-signal since reaching the (red) support. Sell-signal in case this new support gets breached, or the price reaches the (red) resistance.
ROC: sell-signal since reaching the (green) support, plus since rising above the (red) resistance, so that a sell-signal is produced when reaching the (green & red) resistance, or the (green) support is breached.
MACD: sell-signal since both curves decrease. Buy-signal not until an initial rise of both curves is noted.
AROON: see below.
After the strong breakout at the 55 to the 90 level a consolidation within the boundaries of the (blue) triangle-legs began. In case of breaching the lower leg a sell-signal gets produced, while a breakout above the upper leg generated a buy-signal.
Indicators:
RSI: sell-signal since reaching the (red) resistance, and as well since breaching the (blue) support recently. Buy-signal not until a rise above the (blue) resistance takes place, or in case of a correction to the (green) support.
ATR: a significant rise in volatility is expected as soon as the (red) resistance is breaked, or when a pullback to the (red-green) triangle-apex occured.
ROC: buy-signal since reaching the (grey & red) support. Sell-signal when breaching it, and as well when reaching the (grey) resistance.
MACD: see above.
AROON: with currently -40 points within the neutral- to buy-range, however a more distinct buy-signal is articulated only at the (green) support.
The longer-term downward movement between 1999-2008 traded along the (red) resistance, whereas already 2002 a breakout was accomplisede. The subsequent pullback could not hold sustainably at the (red) support so the ratio then dropped to the lowest (green) support & even breaching it (however a fast rise back occured). Ultimately, a dynamic breakout succeeded in 2008, whereas no pullback occured again (which does not mean that no further pullback may take place before the peak of the breakout (ca. 90) gets broken in order for a new & strong upward-trend to commence. A first buy-signal (in favor of gold relative to silver; i.e. during this time gold performs better than silver) is produced with a breakout above the (green & red) resistance at approx. 70.
Indicators:
RSI: with currently 47 points within the neutral range.
ATR: a thrust to the upside is anticipated since breaking above the (red) resistance, whereas further pullbacks to the (green) support may take place.
ROC: with currently -3.07% close to the (green) support at which point a buy-signal gets articulated.
MACD: see above.
AROON: with currently -40 points within the neutral- to buy-range, however a more distinct buy-signal only gets activated at the (green) support.
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