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...
by Chris Kimble | Jul 22, 2020 | Kimble Charting
Is Gold about to hurdle above 2011 monthly closing highs and send a long-awaited bullish message? It is attempting to do so at this time! This chart looks at Gold on a monthly closing basis. The 2011 monthly closing highs took place at (1). Gold looks to be forming a...
by Chris Kimble | Jun 22, 2020 | Kimble Charting
For the first time in years, Gold Miners ETF (GDX) is attempting to use old resistance as a price point to spring higher off of! This chart from Marketsmith.com reflects that GDX has remained inside of trading channel (1) for the past 7-years. Recently it broke above...
by Chris Kimble | Jun 19, 2020 | Kimble Charting
The slow and steady rise in gold prices over the past 4 years has created seen Gold recover a majority of its losses post 2011 highs. It’s also helped to form a potentially bullish price pattern: the Cup and Handle pattern. This spring I showed how the “cup” was in...
by Chris Kimble | May 18, 2020 | Kimble Charting
Silver has been much weaker than Gold over the past 8-years! Is that trend about to change? Possible! This chart looks at the Silver ETF & Gold ETF (SLV/GLD) ratio on a monthly basis over the past 8-years. No doubt the trend for the ratio is lower, as it has...
by Chris Kimble | Apr 22, 2020 | Kimble Charting
In 2011, Gold bugs were gushing with bullish sentiment as Gold prices rallied sharply before peaking around $1900. That peak formed at the 261.8 percent Fibonacci extension of the 1979 high / 1999 low at (1) on today’s chart. The next 8 years saw Gold prices enter a...
by Chris Kimble | Feb 19, 2020 | Kimble Charting
Gold created a series of lower highs and lower lows for nearly a decade (Early 1990’s to early 2000’s). This price action created a 10-year falling channel. Once Gold broke above this falling channel at (1), it experienced a strong rally for years to come....
by Chris Kimble | Dec 6, 2019 | Kimble Charting
Are Gold Mining stocks about to be sent a bullish signal they haven’t received in years? Possible says Joe Friday. This chart looks at the Senior Miner/Junior miner (GDXJ/GDX) ratio over the past few years. Historically when the ratio is heading up, miners tend...
