by Chris Kimble | Apr 7, 2021 | Kimble Charting
Gold has created lower highs since peaking last summer. Is Gold near a low? Where would a nice entry point come into play? This chart looks at Gold ETF (GLD) on a weekly basis over the past few years. GLD hit the top of this rising channel at (1) last summer, as it...
by Chris Kimble | Dec 21, 2020 | Kimble Charting
Precious metals are having a strong year in 2020. So is it any surprise that Silver has been leading Gold higher? As I’ve said before, Silver is to precious metals what small-cap stocks are to the broad market… it’s always beneficial when they lead In today’s chart...
by Chris Kimble | Oct 2, 2020 | Kimble Charting
Precious metals multi-month rally continued into September, with Gold hitting new all-time highs. But Gold may be sending a cautious message to bulls at the end of September month and quarters-end. While the trend is very much bullish, Gold has created a large bearish...
by Chris Kimble | Sep 30, 2020 | Kimble Charting
It’s been a heck of a year for Gold. But the year isn’t over yet and precious metals investors are hoping it will close the year out strong. That may depend on what happens in the coming days/weeks. In today’s article, we feature a “weekly” chart of the Gold...
by Chris Kimble | Sep 17, 2020 | Kimble Charting
90-days ago this cup & handle pattern was discussed on See It Market when Gold was trading at 1717. Fast-forward to today and Gold is up 15 percent. So it’s time for an update! As we pointed out 90-days ago, the initial price magnet for the rally was the 261.8...
by Chris Kimble | Aug 12, 2020 | Kimble Charting
Over a decade ago, Gold rallied past its 1980 highs and over $1000/oz at (1) on today’s chart. That rise to new highs was met with a 30 percent correction at (2), followed by a blast off rally to new highs. Is gold setting up for a repeat of its past? Gold recently...
by Chris Kimble | Jul 31, 2020 | Kimble Charting
Is Gold forming another long-term bullish cupping pattern? Sure could be! Is the long-term pattern complete? If history is a guide, it would suggest not yet. When gold attempted to break above its 1980 highs, it first needed to form a “handle.” It did so...
by Chris Kimble | Jul 28, 2020 | Kimble Charting
When sentiment reaches extremes, markets are often near important long-term inflection points. Is the current extreme in Gold sentiment suggesting that an important inflection point is in play? This chart looks at Gold on a monthly basis over the past 40-years, with...
