by Chris Kimble | Jul 29, 2020 | Kimble Charting
The US Dollar is the King of the currency markets. But recent trading patterns may be sending a warning sign to US Dollar bulls. Today we look at a “weekly” chart of the US Dollar. As you can see, King Dollar has made a series of higher highs while maintaining its...
by Chris Kimble | May 26, 2020 | Kimble Charting
The U.S. Dollar has been a pillar of strength for the past 12-years, at it created higher lows starting in 2008, near the 70 level. Since these lows, it has rallied nearly 50%. The 102 level was resistance for nearly 13-years (1987 to 2000) until an upside breakout...
by Chris Kimble | Aug 29, 2019 | Kimble Charting
Gold/Metals bulls want to pay attention to how this indicator handles a current breakout test! This chart looks at the Gold/Dollar ratio on a weekly basis over the past decade. The ratio created a falling channel (A) from 2011 to 2013. Once support broke Gold...
by Chris Kimble | Jul 1, 2019 | Kimble Charting
The Gold rally in June was very impressive. Is the bear market in Gold over? Many are of the opinion a major breakout in Gold has taken place. What this indicator does at current levels could go a long way to seeing if the rally in June will continue into July! The...
by Chris Kimble | Jun 26, 2019 | Kimble Charting
Gold has been strong of late as the US Dollar has been weak. This combo has driven the Gold/Dollar ratio to a key price zone and momentum level, that looks to be important to metals bulls. This chart looks at the Gold/Dollar ratio over the past 6-years. The long-term...
by Chris Kimble | Jun 4, 2019 | Kimble Charting
The Precious metals industry hasn’t had much to get excited about over the past 5 to 7 years. After peaking in 2011/2012, Gold and Silver prices fell sharply before trading sideways for several years. So it’s been a traders market, with opportunities on both the long...
by Chris Kimble | Jan 7, 2019 | Kimble Charting
This chart looks at the US Dollar, reflecting that it has spent the majority of the past 14-years inside of rising channel (1). Over the past 3-years, King Dollar could be creating a series of lower highs and lower lows inside of falling channel (2). It hit the top of...
by Chris Kimble | Nov 16, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE King Dollar has spent the majority of the past 7-years inside of rising channel (1), as it’s created a series of higher lows and higher highs. The 2018 rally has it kissing the underside of potential resistance this week at (2), where...