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...
by Chris Kimble | May 31, 2019 | Kimble Charting
Gold Miners ETF (GDXJ) has declined nearly over 60% in the past 8-years. Is the bear market in GDX about to end? Let’s investigate why GDXJ is testing one of the most important price zones in years! GDX has created a series of higher lows along line (1) over the...
by Chris Kimble | Apr 28, 2019 | Kimble Charting
Two months ago Gold Miners ETF GDX created its first bearish reversal pattern (bearish wick) while testing falling resistance. A couple of weeks later it created another bearish reversal pattern (Bearish wick) and then selling pressure took over and GDX fell 10%...
by Chris Kimble | Apr 19, 2019 | Kimble Charting
For most investors familiar with precious metals, it’s a great sign when silver out-performs gold. It’s kind of like the old market analogy that it’s good when small-cap stocks or tech stocks lead the broader market higher. Silver, like small caps and tech stocks,...
by Chris Kimble | Apr 15, 2019 | Kimble Charting
When silver, gold, and the precious metals industry were red-hot bullish in the 2000’s, investors could do no wrong. You could buy SILVER at just about any price and it would go higher. In today’s chart, you can see three large green bullish ascending triangles from...
by Chris Kimble | Apr 8, 2019 | Kimble Charting
The GDXJ/GDX (Junior/Senior Miners) Ratio can create meaningful reversal patterns and send important signals to the mining sector, at key inflection points. Did the ratio send an important signal to miners last week? Possible! The GDXJ/GDX ratio has traded sideways...
by Chris Kimble | Mar 4, 2019 | Kimble Charting
Precious metals have been a hot topic for investors and the financial markets. Gold, in particular, has caught the eye of market participants. After a 6 month rally into February, Gold futures reversed hard to the downside. This reversal came as gold prices tested...