by Chris Kimble | Sep 7, 2017 | Kimble Charting
Six years ago this week, the Power of the Pattern shared that “Gold could be flat to down for years to come!” See Why the Power of the Pattern felt this way. See Post Here Below looks at the performance of Gold, Silver, GDX and GDXJ since the post on...
by Chris Kimble | Sep 5, 2017 | Kimble Charting
Below looks at the Gold/US Dollar ratio over the past 8-years. The ratio is testing a level that has been critical to Gold bulls for the past few years and we suspect it will be critical for it again at this level! CLICK ON CHART TO ENLARGE The ratio declined sharply...
by Chris Kimble | Jul 27, 2017 | Kimble Charting
Below looks at the ratio of Gold compared to the US Dollar over the past 20-years. The ratio reflects that some long-term trends have taken place and the ratio is making an attempt to do something it hasn’t been able to accomplish in 6-years. CLICK ON CHART TO...
by Chris Kimble | Jul 10, 2017 | Kimble Charting
The past year has been rough for Gold Mining stocks, as Gold Miner ETF (GDX) has declined over 30%, in the chart below. Below compared GDX to Freeport Mcmoran (FCX) over the past year, reflecting a large difference in performance. CLICK ON CHART TO ENLARGE Over the...
by Chris Kimble | Jun 1, 2017 | Kimble Charting
During the past 6 years, Gold bugs have seen opportunities come and go in a struggle to recoup the gold bull market magic of a decade ago. Many investors are aware of the US Dollar’s impact on the price of gold. In particular, it has been the US Dollar’s strength that...
by Chris Kimble | May 26, 2017 | Kimble Charting
When it comes to investors being bullish Gold miners ETF GDX, they are hard to find, as outflows are hitting levels never seen. Below looks at inflows/outflows from GDX over the past 11-years. As you can see, investors are bailing out of GDX like never before! CLICK...
by Chris Kimble | May 4, 2017 | Kimble Charting
Below looks at Gold Futures over the the past 8-years, reflecting that Gold remains in a clean bear channel (A) since 2011. Gold made another attempt to break free of this falling channel three weeks ago, only to be turned away again, disappointing Gold bulls again....
by Chris Kimble | Apr 13, 2017 | Kimble Charting
Silver is off to a great start in 2017, gaining nearly 16%. Could the gains become even larger? Yes if it can hurdle a key line in the sand discussed below. Below looks at Silver ETF (SLV) and how it could be breaking above a “bullish flag” pattern. CLICK...
