by Chris Kimble | Dec 7, 2018 | Kimble Charting
Silver is nearing an important price juncture and is likely to break up or down in the days / weeks ahead. And, as we discussed earlier, that move should be a big one! Though Silver (NYSEARCA: SLV) has been known to buck the trend before (see prior article link), it...
by Chris Kimble | Dec 3, 2018 | Kimble Charting
2018 has been rough on Gold Miners, as they’ve declined a large percentage. The decline has this key ratio testing dual support to start off the week. This chart looks at the GDXJ/GDX ratio (Junior Miners/Senior Miners) over the past 8-years. If you are bullish...
by Chris Kimble | Nov 16, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE King Dollar has spent the majority of the past 7-years inside of rising channel (1), as it’s created a series of higher lows and higher highs. The 2018 rally has it kissing the underside of potential resistance this week at (2), where...
by Chris Kimble | Nov 15, 2018 | Kimble Charting
Gold, Silver, and the precious metals industry have a pretty simple relationship with the U.S. Dollar: They perform better when the Dollar is weakening… and they tend to struggle when the Dollar is strengthening. One of our favorite ratios to monitor for Gold Bugs is...
by Chris Kimble | Nov 2, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The long-term trend for Commodities, Gold, Silver, Copper & Miners remains down at this time. Could the long-term bear trends be coming to an end? Possible! This chart looks at the Australian Dollar where it highlights that the AU$ has...
by Chris Kimble | Nov 1, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the King Dollar over the past 10-years. It remains in a long-term uptrend, creating a series of higher lows and higher highs inside of rising channel (1). King$ has spent the majority of the past 3-year trading sideways...
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...
