by Chris Kimble | Dec 15, 2016 | Kimble Charting
The picture above came from the 1976 Movie “Bad News Bears.” If dual support below is taken out, it could easily become “Bad News For Metals Bulls!” In 2011, the Power of the Pattern suggested that Gold could be down for years, due to...
by Chris Kimble | Dec 7, 2016 | Kimble Charting
Gold Mining stocks started off the year like a rocket ship. Over the past 20-weeks, the popular Gold Miners ETF (GDX) has declined nearly 35%. This is one of its larger 20-week declines in its history! Create an opportunity? We think so! This decline has the Gold Bugs...
by Chris Kimble | Nov 28, 2016 | Kimble Charting
Gold mining stocks had a great first half of the year and half been hit hard since this summer. Since the highs in August of this year, miners ETF GDX has lost a third of its value (see chart below). CLICK ON CHART TO ENLARGE GDX has rarely declined 30% or more in a...
by Chris Kimble | Oct 6, 2016 | Kimble Charting
This post was written for See It Market, see full article HERE It’s been a heck of a year for precious metals. Through 3 quarters this year, Gold (NYSEARCA:GLD), Silver (NYSEARCA:SLV), and the miners (INDEXNASDAQ:XAU) were big time out-performers. HOWEVER, those good...
by Chris Kimble | Sep 21, 2016 | Kimble Charting
Gold Miners have done great this year and have things have been a bit of a challenge since the highs in 2011. The chart below looks at the Junior Miner (GDXJ)/ Senior Miner (GDX) ratio over the past 6-years. CLICK ON CHART TO ENLARGE The ratio remains in a 5-year down...