by Chris Kimble | Apr 15, 2024 | Kimble Charting
Gold spent the better part of the past 12 years trading in a broad sideways pattern. This type of price action tends to drive away speculators (and even some convicted bulls). It also meant gold wasn’t getting many “sexy” headlines as investors weren’t overly bullish....
by Chris Kimble | Apr 12, 2024 | Kimble Charting
I have spent a lot of time discussing the bullish implications of Gold price patterns and the recent Gold breakout attempt. So why not offer up yet another example of why Gold (and precious metals partner, Silver) are brimming with bullish possibilities. For...
by Chris Kimble | Mar 8, 2024 | Kimble Charting
Several indicators of investor sentiment are showing rising “greed” levels. And when investors get greedy, it tends to imply that we are nearing a top. BUT, I am unsure why greed levels are so high when so many assets have little to brag about over the past few years!...
by Chris Kimble | Mar 5, 2024 | Kimble Charting
Precious metals may finally be nearing the rally that gold and silver bulls have been waiting for. Today, we simply focus on Gold from a “weekly” price perspective. And let’s just say that the recent price action has been bullish. Last week, Gold closed at its...
by Chris Kimble | Feb 13, 2024 | Kimble Charting
Gold prices remain elevated but have yet to record the major breakout that gold bulls are looking for. Today, we revisit an important Gold ratio that we have been following for months: the Gold to U.S. Dollar ratio. And above, you can see why. The long-term “monthly”...
by Chris Kimble | Dec 27, 2023 | Kimble Charting
Precious Metals have been strong this month and have metal heads excited for next year. One gauge that I use to highlight the strength of Gold is the ratio of the price of an ounce of Gold to the US Dollar Index. And today’s chart shows why we could be at a critical...
by Chris Kimble | Dec 6, 2023 | Kimble Charting
Precious metals prices have been creeping higher with Gold trading over $2000/oz. A weaker US Dollar has provided a nice tailwind and Gold bugs celebrated a new monthly closing high last week… So, is it time for Gold to finally break out to new all-time highs? Well,...
by Chris Kimble | Oct 20, 2023 | Kimble Charting
The price of Gold has traded sideways for the past three years. Feels boring (and the pullbacks painful) for bulls. But all this boring action could be coming to an end… with a bang! Today’s long-term “quarterly” line chart highlights a potentially bullish pattern....