NFTRH+; A Bullish Sign for the Commodity/Resources Trades

While we wait for the Silver/Gold ratio to give a go-ahead or denial…

Chart showing the Silver/Gold ratio from 2023 to 2026, highlighting a crash, base formation, and upturn. Features include blue and orange moving average lines, RSI, and MACD indicators.

…its partner that we have used in the past is looking like it’s giving a go-ahead.

The TSX-V is above the uptrending daily chart moving averages and at this point, pretty well bull-biased.

A technical analysis chart of the S&P/TSX Venture Composite Index showing price movements, moving averages, RSI, and MACD indicators. Key support and resistance levels are highlighted with green arrows and horizontal lines.

Now it is up to the TSX-V/TSX ratio to do the same.

A financial chart displaying stock price movements over time, featuring various indicators such as moving averages indicated by blue and orange lines, along with RSI and MACD indicators at the bottom. The chart includes marked points of interest with green and red arrows to indicate buy and sell signals.

A real bullet proof commodity/resources trade would have all three of these items in bullish unison. Let’s see if the TSX-V can lead the other two.

Gary

NFTRH.com