by Chris Kimble | Oct 23, 2018 | Kimble Charting
The precious metals sector continues to be a “grind”, offering a few trades but mostly sideways to lower action. Gold prices have slogged along and this had held the Gold Miners (NYSEARCA:GDX) back… until recently. The Gold Miners (GDX) and the broader Gold &...
by Chris Kimble | Oct 5, 2018 | Kimble Charting
The precious metals sector simply cannot buy a break. Since peaking, gold bugs have had several rally attempts squashed. And many of them due to the strength that the US Dollar has found in the past decade. Is it happening yet again? For gold, silver, and the precious...
by Chris Kimble | Oct 4, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE When it comes to assets being in long-term bull markets, Commodities and interest rates do not come to mind, as each has endured long-term bear markets. Could these long-term trends be coming to an end? Possible The 2-pack above looks at...
by Chris Kimble | Oct 3, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Is Silver creating a double bottom and breaking above key resistance levels? Could be! This 3-pack looks at Silver at three different time frames. The left chart looks at Silver on a “Monthly” basis since late 1970’s. The...
by Chris Kimble | Sep 28, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart from Sentimentrader.com looks at the positions by Silver hedgers. At this time a very crowded trade is in play, an 18-year extreme. If history is a guide, Silver is currently closer to a short-term low than a high. Silver, Gold and...
by Chris Kimble | Sep 25, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Since 2011, the Canadian Dollar has been hit hard, losing nearly a third of its value, while creating a series of lower highs and lower lows. After declining nearly 30% into the lows of 2016, the Canadian Dollar has been attempting to change...
by Chris Kimble | Sep 19, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Silver/Gold Ratio over the past 30-years. Historically when the ratio is heading higher it sends a message to be long and strong Gold & Silver. When the ratio is heading lower, historically it’s been a...
by Chris Kimble | Sep 17, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The Junior Miners/Senior Miners Ratio (GDXJ/GDX) can often signal when key turning points are about to take place for Gold & Silver Miners. Above looks at this ratio, which highlights that a multi-year narrowing pennant pattern has been...
