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 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 | Sep 17, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The Junior Miners/Senior Miners Ratio (GDXJ/GDX) can often signal when key turning points are about to take place for Gold & Silver Miners. Above looks at this ratio, which highlights that a multi-year narrowing pennant pattern has been...
by Chris Kimble | May 24, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Junior Miners (GDXJ) to Gold ratio over the past 7-years. Metals bulls want to this ratio heading higher, to send a positive message to this sector. The ratio has spent the majority of the past 7-years inside of...
by Chris Kimble | May 22, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Silver/Gold ratio on a monthly basis over the past 20-years. When the ratio is heading higher, Silver is stronger than Gold. Since the 2011 highs, the majority of the time the ratio has been heading lower, reflecting...
