by Chris Kimble | May 3, 2024 | Kimble Charting
The U.S. Dollar is a key variable in all aspects of the marketplace. The strength of the dollar factors into the price we pay for food, gas, and everyday groceries. It also affects the equity and bond markets as investors factor in the risks of a dollar that is too...
by Chris Kimble | Apr 12, 2024 | Kimble Charting
I have spent a lot of time discussing the bullish implications of Gold price patterns and the recent Gold breakout attempt. So why not offer up yet another example of why Gold (and precious metals partner, Silver) are brimming with bullish possibilities. For...
by Chris Kimble | Mar 11, 2024 | Kimble Charting
The U.S. Dollar continues to be the most powerful currency in the world. And for this reason, it’s also the most watched. When the dollar is on the move, it can have an effect on the various asset classes. Today we look at a “weekly” chart of the old King Dollar. And...
by Chris Kimble | Feb 13, 2024 | Kimble Charting
Gold prices remain elevated but have yet to record the major breakout that gold bulls are looking for. Today, we revisit an important Gold ratio that we have been following for months: the Gold to U.S. Dollar ratio. And above, you can see why. The long-term “monthly”...
by Chris Kimble | Nov 15, 2023 | Kimble Charting
A couple of weeks ago, we highlighted the U.S. Dollar as an asset ready for a big move. King Dollar was trading sideways and at important price resistance, so something had to give. Today, we revisit that “weekly” chart and provide an update on where the buck stands....
by Chris Kimble | Aug 14, 2023 | Kimble Charting
The U.S. Dollar has been in a choppy rising trend higher since bottoming in 2007/2008. You can see that rising channel in today’s long-term chart (above). BUT King Dollar has been under pressure in recent months. So if the U.S. Dollar wants to keep climbing into...
by Chris Kimble | Jul 19, 2023 | Kimble Charting
Recent weakness in the US Dollar has helped to propel commodities such as Gold and Silver higher. Today’s analysis showing a potential repeating pattern that could mean significantly more weakness for King Dollar… but only if triggered. Below is a “weekly” chart of...
by Chris Kimble | Jul 14, 2023 | Kimble Charting
After peaking in 2022, the US Dollar Index has spent nearly a year in decline. But it may be set to fall even further. And any further weakness in King Dollar will be bullish for precious metals like Gold and Silver. Today’s chart looks at the US Dollar Index on a...