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...
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 | 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...
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...
by Chris Kimble | Nov 2, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The long-term trend for Commodities, Gold, Silver, Copper & Miners remains down at this time. Could the long-term bear trends be coming to an end? Possible! This chart looks at the Australian Dollar where it highlights that the AU$ has...
