by Chris Kimble | Oct 1, 2021 | Kimble Charting
The precious metals arena has reached important junctures for both Silver and gold. Yesterday, we highlighted an important test of support for Silver. Today, we look at a “monthly” chart of the Gold / US Dollar Ratio and highlight a similar test of support. As you can...
by Chris Kimble | Sep 30, 2021 | Kimble Charting
The past four months have been rough for Silver futures. And it may get worse before it gets better if the price of silver doesn’t reverse higher soon! Today we look at a long-term “monthly” chart of Silver futures and point out an important line in the sand for...
by Chris Kimble | Jul 13, 2021 | Kimble Charting
It’s been a decade of ebb and flow for Gold. Bulls have seen the best of times (new all-time highs), the worst of times (nearly 50 percent decline), and nearly the best of times again (test of all-time highs)… Today’s Gold to US Dollar Ratio “monthly” chart depicts...
by Chris Kimble | May 8, 2021 | Kimble Charting
Okay, so we are having a little bit of fun here… but this really is a massively bullish pattern for Gold. And we have been tracking this Gold cup with handle pattern since early 2020. Read our last update here. As you can see in the “monthly” Gold chart above, the...
by Chris Kimble | Apr 7, 2021 | Kimble Charting
Gold has created lower highs since peaking last summer. Is Gold near a low? Where would a nice entry point come into play? This chart looks at Gold ETF (GLD) on a weekly basis over the past few years. GLD hit the top of this rising channel at (1) last summer, as it...
by Chris Kimble | Mar 30, 2021 | Kimble Charting
Gold mining stocks have struggled since last August, as they have lost nearly 25% in price, putting them into the bear market territory. Is this enough of a decline? Gold miners have their fingers crossed this critical support holds right now! The chart looks at...
by Chris Kimble | Mar 22, 2021 | Kimble Charting
Is Gold about to receive a very important bull/bear signal this month? Looks like it! This chart takes a peek at the Gold/U.S. Dollar ratio over the past 15-years. The ratio double topped at (1) and once it broke support in 2013, it declined sharply over the next...
by Chris Kimble | Mar 1, 2021 | Kimble Charting
The past 8-months have been great for the broad markets, the same cannot be said for Gold Miners. Gold Miners ETF (GDX) has lost nearly a third of its value since peaking last August. This decline has taken place inside a bullish rising channel, that started at the...
