by Chris Kimble | Jan 9, 2020 | Kimble Charting
As many investors know, King Dollar has a lot to do with the comings and goings of asset classes around the world, especially commodities (i.e. precious metals and oil) and emerging markets equities and debt). So pay attention here! The US Dollar Index decline is now...
by Chris Kimble | Dec 13, 2019 | Kimble Charting
The Euro has spent much of the past 2 years trading in a down-trend. Though precious metals like Gold have fared well, this has been a bit of a headwind because it means that the US Dollar has remained firm. Big Test In Play for the Euro The Euro is testing a...
by Chris Kimble | Nov 8, 2019 | Kimble Charting
Could the Gold/US Dollar ratio be sending a fresh concerning message to Gold bulls this week? Joe Friday says Yes! This chart looks at the Gold/Dollar ratio over the past 8-years. The intersection of two long-term channel met at (1) a few months ago. The ratio was...
by Chris Kimble | Oct 12, 2019 | Kimble Charting
After a big summer rally, Gold peaked out at $1566/oz in September. Since then, Gold prices have been consolidating between $1475 and $1550. So what’s happening here? Enter the Swiss Franc currency… In today’s chart, we look at a key indicator (and correlation) for...
by Chris Kimble | Sep 30, 2019 | Kimble Charting
This chart of Senior Gold Miners (GDX) from Marketsmith.com reflects it could be forming a “Head & Shoulders” topping pattern over the past couple of months. This pattern could be about to send Gold Miners a rather bearish message. What would it take...
by Chris Kimble | Sep 4, 2019 | Kimble Charting
Precious metals have gained momentum of late. Especially Silver NYSEARCA: SLV, which had been lagging Gold NYSEARCA: GLD for some time. This is good news for metals heads, as the precious metals industry loves it when Silver leads. In today’s chart, we look at the...
by Chris Kimble | Sep 3, 2019 | Kimble Charting
Investors that are Bullish Silver or Gold want to see the Silver/Gold ratio heading higher and breaking above key resistance levels. Early this month they are receiving a long-awaited bullish message! The Silver/Gold ratio has created a series of lower highs and lower...
by Chris Kimble | Aug 29, 2019 | Kimble Charting
Gold/Metals bulls want to pay attention to how this indicator handles a current breakout test! This chart looks at the Gold/Dollar ratio on a weekly basis over the past decade. The ratio created a falling channel (A) from 2011 to 2013. Once support broke Gold...
