by Chris Kimble | Jan 31, 2019 | Kimble Charting
Is the Aussie Dollar signaling that a major commodity low is being established this month? Possible! The Aussie Dollar and commodities have been highly correlated for a couple of decades. The AU$ has spent the majority of the past couple of decades inside of rising...
by Chris Kimble | Jan 28, 2019 | Kimble Charting
Gold is testing a key inflection point that could determine where it is months and months from now! Gold has created a series of lower highs over the past 8-years just below line (A). The rally over the past 4-months has gold testing the underside of this falling...
by Chris Kimble | Jan 3, 2019 | Kimble Charting
Since the 2011 highs, Gold futures have created a series of lower highs and lower lows inside of falling channel (1). The rally since the lows in 2016 has Gold facing the top of its 8-year falling channel at (2). This test comes into play as resistance for Gold,...
by Chris Kimble | Dec 26, 2018 | Kimble Charting
While it’s easy to find articles that suggest a Santa Claus rally isn’t taking place this year, the Power of the Patterns would disagree! This chart looks at the performance from several assets in the metals sector the past 30-days. Even though all of...
by Chris Kimble | Dec 12, 2018 | Kimble Charting
Silver miners (SIL) have had a rough 7-years, as the ETF finds itself nearly 75% below its 2011 highs. No doubt the long-term trend remains down. SIL is has declined 27% since the first of this year (See chart below), where it is testing a falling support line at (1),...
by Chris Kimble | Dec 7, 2018 | Kimble Charting
Silver is nearing an important price juncture and is likely to break up or down in the days / weeks ahead. And, as we discussed earlier, that move should be a big one! Though Silver (NYSEARCA: SLV) has been known to buck the trend before (see prior article link), it...
by Chris Kimble | Dec 3, 2018 | Kimble Charting
2018 has been rough on Gold Miners, as they’ve declined a large percentage. The decline has this key ratio testing dual support to start off the week. This chart looks at the GDXJ/GDX ratio (Junior Miners/Senior Miners) over the past 8-years. If you are bullish...
by Chris Kimble | Nov 15, 2018 | Kimble Charting
Gold, Silver, and the precious metals industry have a pretty simple relationship with the U.S. Dollar: They perform better when the Dollar is weakening… and they tend to struggle when the Dollar is strengthening. One of our favorite ratios to monitor for Gold Bugs is...
