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Gold Mining stocks could be breaking important support

Gold Mining stocks could be breaking important support

by Chris Kimble | Aug 25, 2016 | Kimble Charting

Gold mining stocks have had a great year 2016. From the lows, GDX is up over 100%, remaining inside of a steep rising channel. The rising channel GDX has been in during this historic sharp rally, could be breaking.CLICK ON CHART TO ENLARGEGDX has remained inside of...
Gold & King Dollar face multi-year breakout test now!

Gold & King Dollar face multi-year breakout test now!

by Chris Kimble | Feb 25, 2016 | Kimble Charting

The chart below comparesĀ Gold to the U.S. Dollar over the past 30-years. As you can see a couple of long-term trends have taken place. CLICK ON CHART TO ENLARGEGold was weaker than the US$ (lower highs and lower lows) from the late 1980’s until 2001. Gold was...

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