by Chris Kimble | Jan 31, 2019 | Kimble Charting
Is the Aussie Dollar signaling that a major commodity low is being established this month? Possible! The Aussie Dollar and commodities have been highly correlated for a couple of decades. The AU$ has spent the majority of the past couple of decades inside of rising...
by Chris Kimble | Jan 29, 2019 | Kimble Charting
The GDXJ/GDX Ratio (Junior Miners/Senior Miners) frequently sends a very important message to the mining sector. This ratio has created a series of higher lows and lower highs over the past few years, which creates a narrowing pennant pattern. The ratio is now testing...
by Chris Kimble | Jan 28, 2019 | Kimble Charting
Gold is testing a key inflection point that could determine where it is months and months from now! Gold has created a series of lower highs over the past 8-years just below line (A). The rally over the past 4-months has gold testing the underside of this falling...
by Chris Kimble | Jan 15, 2019 | Kimble Charting
Gold and Silver from a long-term perspective have created a series of lower highs over the past 8-years. Will 2019 bring a change to this trend? A big test is in play! Gold since the lows in 2016 has created a series of higher lows, while Silver may have created a...
by Chris Kimble | Jan 7, 2019 | Kimble Charting
This chart looks at the US Dollar, reflecting that it has spent the majority of the past 14-years inside of rising channel (1). Over the past 3-years, King Dollar could be creating a series of lower highs and lower lows inside of falling channel (2). It hit the top of...
by Chris Kimble | Jan 3, 2019 | Kimble Charting
Since the 2011 highs, Gold futures have created a series of lower highs and lower lows inside of falling channel (1). The rally since the lows in 2016 has Gold facing the top of its 8-year falling channel at (2). This test comes into play as resistance for Gold,...
by Chris Kimble | Dec 26, 2018 | Kimble Charting
While it’s easy to find articles that suggest a Santa Claus rally isn’t taking place this year, the Power of the Patterns would disagree! This chart looks at the performance from several assets in the metals sector the past 30-days. Even though all of...
by Chris Kimble | Dec 26, 2018 | Kimble Charting
The Gold Bugs Index could be sending some good news to this out of favor sector of late! The Gold bugs index has struggled for the past 7-years compared to the S&P 500, as it has created a series of lower highs. This decline reflects that Gold miners have been...
