by Chris Kimble | Jan 28, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE Gold is now testing the underside of an old 10-year support line, now as resistance. This line is also being joined by another resistance line, at current price levels. The “X” marks the spot that looks to be VERY important...
by Chris Kimble | Jan 16, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE Its been a decent 3 weeks for Gold miners ETF (GDX). Actually one of the best three weeks since the ETF was created back in 2006! All of this is taking place at the same time the Gold is attempting to break above a multi-year falling...
by Chris Kimble | Jan 16, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE It’s been a rough four years for Gold, as its declined around $700 (falling around 30%) from its high around $1,900 in 2011. Gold is “attempting” to change this trend! The Power of the Pattern suggested in 2011...
by Chris Kimble | Jan 15, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE Metals Mining ETF’s GDX and GDXJ both forming bullish falling wedges at falling channel support. Both created bullish wicks at the lows. Both are blasting out of these bullish patterns. Full Disclosure…Metals members went...
by Chris Kimble | Jan 9, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE GDX & GDXJ created bullish falling wedges at falling channel support, which was a nice pattern to see. Two-thirds of a time this pattern leads to rising prices. When the falling wedge takes place at channel support, odds are even...
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...
