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 | Feb 4, 2021 | Kimble Charting
In less than a year’s time, the price of Silver has rallied from around $12 dollars to the recent highs just over $30. That’s quite a rally! And when Silver is in rally mode, it benefits the entire industry, including the Silver Miners. Today’s chart is a long-term...
by Chris Kimble | Jan 4, 2021 | Kimble Charting
Is a Hi-Yo Silver bullish message about to take place in the short-term? This chart from Marketsmith.com suggests that a breakout attempt from a bull flag pattern is being attempted. Since peaking in August of 2020, Silver ETF (SLV) has created a series of lower...
by Chris Kimble | Dec 21, 2020 | Kimble Charting
Precious metals are having a strong year in 2020. So is it any surprise that Silver has been leading Gold higher? As I’ve said before, Silver is to precious metals what small-cap stocks are to the broad market… it’s always beneficial when they lead In today’s chart...
by Chris Kimble | Jul 27, 2020 | Kimble Charting
Silver is finally waking up from a long bear market and multi-year slumber. Gold kick-started the precious metals rally and finally Silver is following suit… and perhaps even leading. In today’s chart, we can see that the price of Silver is breaking above a 6-year...
by Chris Kimble | May 18, 2020 | Kimble Charting
Silver has been much weaker than Gold over the past 8-years! Is that trend about to change? Possible! This chart looks at the Silver ETF & Gold ETF (SLV/GLD) ratio on a monthly basis over the past 8-years. No doubt the trend for the ratio is lower, as it has...
by Chris Kimble | Jan 13, 2020 | Kimble Charting
In September of 2019, Gold Miners ETF (GDX) testing long-term resistance at (1), and then it quickly declined 15%. This resistance level has been heavy for GDX has it failed to break above this level twice in 2013 and once in 2016. Each time GDX peaked in those years,...
by Chris Kimble | Nov 13, 2019 | Kimble Charting
Its been a good while since Silver bulls could say that it is testing support. Well, this week that can be said! Will this support test hold? Silver Bulls sure hope so! This chart looks at Silver Futures over the past 10-years. Silver has spent the majority of the...