by Chris Kimble | Aug 13, 2019 | Kimble Charting
Is Silver creating a multi-decade bullish Cup & Handle pattern? Possible! Silver peaked at $50 in the early 1980s and then proceeded to fall for years. It peaked again at $50 in 2011 and it has declined for the past 8-years. The two peaks at the $50 level could be...
by Chris Kimble | Aug 12, 2019 | Kimble Charting
Silver has been in rally mode for several weeks now, including a strong burst higher into August. Precious metals bulls are hoping the rally continues, as it’s an important piece to the Gold/GLD rally puzzle as well. Today’s chart shows why the Silver rally is nearing...
by Chris Kimble | Aug 5, 2019 | Kimble Charting
Precious metals are beginning to catch the eye of investors around the world. In particular, Gold has been performing quite well. But, as many investors know, it takes two to tango. And silver is an important part of that tango. Perhaps more important than gold. Why?...
by Chris Kimble | Jul 18, 2019 | Kimble Charting
Silver (NYSEARCA: SLV) has been in a bit of a slumber when compared to the price action for Gold (NYSEARCA: GLD). Precious metals bulls hope that this about to change, as bullish action from Silver is necessary to confirm any bull market / move in metals. Today’s...
by Chris Kimble | Jul 17, 2019 | Kimble Charting
The Australian Dollar and its ETF (NYSEARCA: FXA) have traded sideways for much of the past 4 years (see blue shaded area on chart above). And since the Aussie Dollar and precious metals are highly correlated, this hasn’t helped gold and silver. But this setup may be...
by Chris Kimble | Jul 15, 2019 | Kimble Charting
Silver (NYSEARCA: SLV) is an important cog in the precious metals world. Not only is it a core precious metal but it is often a leading indicator for metals bulls. Silver is a good risk-on / risk-off indicator. When it is out-performing Gold, it is risk-on. When it is...
by Chris Kimble | Jul 11, 2019 | Kimble Charting
Gold bulls spend much of early 2019 waiting for a catalyst to fuel another rally leg. They wouldn’t have to wait long… A stealth shift in talking points and monetary policy from the Federal Reserve brought a very dovish tone. And this sent interest rates lower, along...
by Chris Kimble | Jun 27, 2019 | Kimble Charting
This chart looks at the Silver/Gold ratio over the past 25-years. Historically bullish investors in Gold & Silver receive a positive message when this ratio is heading higher. When the ratio is heading lower, historically rallies in Gold often times have been...
