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When we look at the gold and silver chart, we can see a similar picture. When one value goes up, the other usually also moves like that. Only when we observe both instruments simultaneously can we see that the movements are of different intensity. And so now silver is at a resistance point that has a real chance of keeping the price down. In gold, the situation is much less clear, so the risk that can be taken will be much greater than in silver.

We can now see head and shoulders on the silver chart as well, so the correction could go up to the shoulder, but I still assume a decline, in line with the trendline breakout.

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