Silver and Gold have continued to head lower since highs reached back in 2011. Is the 6-year bear market nearing an end?

Below looks at the Silver/Gold ratio over the past decade. To be long and strong Silver and Gold, the preference would be for this ratio to be heading higher.

(Click on image to enlarge)

The ratio has formed a clean falling channel (series of lower highs and lower lows) inside of (1). Three different times it knocked on the underside of falling resistance at (2), only to be turned away.

The ratio is making another attempt to breakout this week at (3). If the ratio does breakout, it would send a positive message to Silver, Gold and Mining stocks.