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 | Jul 9, 2019 | Kimble Charting
Are Gold Miners about to “Cut Loose” to the upside? A key breakout test is in play, that will go a long way in determining this important question. This chart looks at Gold Miners ETF (GDX) on a weekly basis the past few years. GDX peaked three different...
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...
by Chris Kimble | Jun 7, 2019 | Kimble Charting
Is the hard-hit Euro about to send a bullish message to Gold, Silver & mining stocks? Looks like it this week! Metals bulls want to see the Euro head higher to send them a bullish message. For the past 14-months, the Euro has created a series of lower highs and...
by Chris Kimble | Jun 5, 2019 | Kimble Charting
Is Gold finally about to break out from a 5-year bullish ascending triangle pattern? We will find out very soon! The price action of Gold since 2014 looks to be a series of flat tops and rising bottoms. It could be forming what is called a “Bullish Ascending...
by Chris Kimble | Jun 4, 2019 | Kimble Charting
The Precious metals industry hasn’t had much to get excited about over the past 5 to 7 years. After peaking in 2011/2012, Gold and Silver prices fell sharply before trading sideways for several years. So it’s been a traders market, with opportunities on both the long...
by Chris Kimble | Jun 3, 2019 | Kimble Charting
Silver has lost nearly two-thirds of its value in the past 8-years. Is the bear market in Silver about to end? What Silver does at (2) will go a long way to answering this question! Silver has spent the majority of the past couple of decades inside of rising channel...