by Chris Kimble | Oct 12, 2019 | Kimble Charting
After a big summer rally, Gold peaked out at $1566/oz in September. Since then, Gold prices have been consolidating between $1475 and $1550. So what’s happening here? Enter the Swiss Franc currency… In today’s chart, we look at a key indicator (and correlation) for...
by Chris Kimble | Aug 8, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Seven years ago this month the Power of the Pattern suggested that “Gold could be flat to down for years to come!” What did we see 7-years ago that would suggest Gold was about to struggle for years to come? The Swiss Franc for...
by Chris Kimble | Dec 15, 2016 | Kimble Charting
The picture above came from the 1976 Movie “Bad News Bears.” If dual support below is taken out, it could easily become “Bad News For Metals Bulls!” In 2011, the Power of the Pattern suggested that Gold could be down for years, due to...
by Chris Kimble | Mar 11, 2015 | Kimble Charting, Metals
In 2011, I was pretty frank when I shared the following…”The Swiss Franc is suggesting Gold will be flat to down for years to come!” See post HERE Since that post, Gold has lost a third of its value and Silver around two-thirds. “Francly...
by Chris Kimble | Nov 1, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Three years ago the Power of the Pattern shared that each time the Swiss Franc hit resistance line (1), Gold was flat to down for years to come. (see post here) At the time of the post, Gold was trading near $1,900 per ounce...
by Chris Kimble | Sep 8, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Three years ago last week, I shared a chart highlighting why Gold may underperform for years to come. The chart looked at the correlation between the Swiss Franc and Gold and how both were tagging ascending long-term resistance at the...
by Chris Kimble | Sep 3, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Are we witnessing some “crowded and uncrowded” trades when we take a look at the currency markets? The U.S. Dollar has rallied a few percent higher over the past two months, taking it up to an 11-year falling resistance...
by Chris Kimble | Mar 14, 2012 | Kimble Charting
What are these Bears talking about? These “Currency Bears” have been asleep of late, are they about to wake up? CLICK ON CHART TO ENLARGE Two days ago the Power of the Patten shared that if history was a guide, the...