by Chris Kimble | Mar 11, 2015 | Kimble Charting, Metals
In 2011, I was pretty frank when I shared the following…”The Swiss Franc is suggesting Gold will be flat to down for years to come!” See post HERE Since that post, Gold has lost a third of its value and Silver around two-thirds. “Francly...
by Chris Kimble | Mar 2, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE In the last 15 years gold is up 4X over its 2001 lows of $250 per ounce, however the last 3 years have been rough with it losing over a third of its value. Many continue to debate if Gold is in bull or bear market. Personally I am not big on...
by Chris Kimble | Feb 17, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE One month ago Gold Miners ETF (GDX) had just experienced the best 3-week rally in the history of the ETF (Up 24% in three weeks)! (see post here) Aggressive Metals members were on board for this historic rally, due to buying on support. The...
by Chris Kimble | Jan 28, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE Gold is now testing the underside of an old 10-year support line, now as resistance. This line is also being joined by another resistance line, at current price levels. The “X” marks the spot that looks to be VERY important...
by Chris Kimble | Jan 20, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE When one looks back over the past few years, King Dollar has been much stronger than Gold & Silver by a big percentage. The above ratio of the Dollar compared to Gold, reflects a strong trend downward (Dollar stronger than...
by Chris Kimble | Jan 16, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE Its been a decent 3 weeks for Gold miners ETF (GDX). Actually one of the best three weeks since the ETF was created back in 2006! All of this is taking place at the same time the Gold is attempting to break above a multi-year falling...
by Chris Kimble | Jan 16, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE It’s been a rough four years for Gold, as its declined around $700 (falling around 30%) from its high around $1,900 in 2011. Gold is “attempting” to change this trend! The Power of the Pattern suggested in 2011...
by Chris Kimble | Jan 9, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE GDX & GDXJ created bullish falling wedges at falling channel support, which was a nice pattern to see. Two-thirds of a time this pattern leads to rising prices. When the falling wedge takes place at channel support, odds are even...