by Chris Kimble | Nov 19, 2014 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE Gold remains inside of this well defined falling channel. Gold is near the top of the channel and the rally of late has taken it to the “underside” of a year long resistance line. IMHO, Gold traders & investors should...
by Chris Kimble | Nov 18, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The building block to a decent rally in the hard hit miners complex could start with this taking place! The above chart reflects the Junior Miners ETF (GDXJ) to Senior miners ETF (GDX). When this ratio is heading south, GDJX is weaker...
by Chris Kimble | Nov 17, 2014 | Kimble Charting
Todd Shriber of ETF Trends shares a great article and thoughts on the Gold miners complex. See Todd’s full article (HERE). CLICK ON CHART TO ENLARGE Was a real honor to have some fun with these great guys, Howard Lindzon of Stocktwits and Tom...
by Chris Kimble | Nov 15, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Gold Miners ETF GDX looks to have created a bullish falling wedge pattern, which results in higher prices around 65% of the time. Another potential positive for GDX is that this pattern is taking place at the bottom of this...
by Chris Kimble | Nov 14, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Gold miners have had little to smile about for the past few YEARS! Gold Miners ETF (GDX) last week hit its Fibonacci 161% extension level and in doing so, looks to have created a bullish wick at this potential support level. Are...
by Chris Kimble | Nov 11, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Gold Miners ETF GDX broke below the lows of almost a year ago (Dec 2013) and promptly lost nearly 20% of its value in less than two weeks. This decline took it down to its Fibonacci 161% extension level (based upon the lows of a year...
by Chris Kimble | Oct 15, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Another “Fish Mouth” pattern looks to be at hand above at (1) and (2)! Back in 2000 this pattern took place as the S&P 500 was pushing higher in the late 1990’s and the Gold Bugs Index (HUI) was stinking it...
by Chris Kimble | Oct 9, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Do you believe in the idea of buying low and selling higher? If so you might want to keep reading this post and take a peak at this hard hit sector. Few sectors have struggled more in the last two years than the Gold Miners....