by Chris Kimble | Jul 1, 2020 | Kimble Charting
It’s been a good year for gold bugs! Gold has outperformed several asset classes as volatility and general economic uncertainty have come back to the forefront. In today’s chart, we look at the ratio of Gold to the U.S. Dollar on a “monthly” basis. Gold bulls want to...
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 | May 8, 2020 | Kimble Charting
Silver has been much weaker than Gold for the past 9-years. Is that trend about to change? A short-term change is possible, says Joe Friday! This chart compares the price of Silver to Gold over the past decade. At the 2011 highs, the ratio created a bearish reversal...
by Chris Kimble | May 7, 2020 | Kimble Charting
Are Gold & Silver Miners about to send a bullish message for the first time in 10-Years? We will see soon! The Gold & Silver Miners Index (XAU) has created a series of lower highs and lower lows inside of falling channel (1) over the past decade-plus. The...
by Chris Kimble | May 2, 2020 | Kimble Charting
Is it “Hi-Yo Gold” time? At least in the short-term, it is! This chart looks at Barrick Gold Corp (GOLD) on a weekly basis. Gold has struggled to break above the blue shaded resistance zone for years, which comes into play just below the $23 level. This...
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 | Apr 9, 2020 | Kimble Charting
Is an important metals indicator sending one of the largest bullish messages in nearly 50-years? Very Possible! This chart looks at the Silver/Gold ratio on a monthly basis since the mid-1970s. Historically metals bulls want to see the ratio heading up, to send the...
