by Chris Kimble | Mar 4, 2019 | Kimble Charting
Precious metals have been a hot topic for investors and the financial markets. Gold, in particular, has caught the eye of market participants. After a 6 month rally into February, Gold futures reversed hard to the downside. This reversal came as gold prices tested...
by Chris Kimble | Mar 2, 2019 | Kimble Charting
The Euro is facing an important price test that could highly influence the next big move in the metals markets. From a very long-term perspective, the Euro remains inside falling channel (1), where it has created a series of lower highs and lower lows for nearly...
by Chris Kimble | Feb 25, 2019 | Kimble Charting
Mining stocks are facing an opportunity they haven’t seen many times in the past 8-years! This 2-pack looks at the Gold Bugs Index (HUI) and the Gold & Silver Miners (XAU) Index over the past 12-years. Since the highs in 2011, both have created a series of...
by Chris Kimble | Feb 21, 2019 | Kimble Charting
For the past 5 years, Gold prices have traded sideways. There were plenty of “trades” to be made, but that type of price action tends to grind out long-term bulls and bears. You can see this in today’s “monthly” closing chart for Gold (shown below). Gold bulls caught...
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 15, 2019 | Kimble Charting
Gold and Silver from a long-term perspective have created a series of lower highs over the past 8-years. Will 2019 bring a change to this trend? A big test is in play! Gold since the lows in 2016 has created a series of higher lows, while Silver may have created a...
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...
