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...
by Chris Kimble | Feb 8, 2019 | Kimble Charting
Is the nearly 8-year decline in Gold prices coming to an end? That may depend on what Gold does in the days/weeks ahead. Today’s chart highlights the ratio of Gold to the US Dollar. And as you can see, the ratio has been marching higher for several weeks, grabbing the...
by Chris Kimble | Jan 7, 2019 | Kimble Charting
This chart looks at the US Dollar, reflecting that it has spent the majority of the past 14-years inside of rising channel (1). Over the past 3-years, King Dollar could be creating a series of lower highs and lower lows inside of falling channel (2). It hit the top of...
by Chris Kimble | Nov 15, 2018 | Kimble Charting
Gold, Silver, and the precious metals industry have a pretty simple relationship with the U.S. Dollar: They perform better when the Dollar is weakening… and they tend to struggle when the Dollar is strengthening. One of our favorite ratios to monitor for Gold Bugs is...
by Chris Kimble | Nov 1, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the King Dollar over the past 10-years. It remains in a long-term uptrend, creating a series of higher lows and higher highs inside of rising channel (1). King$ has spent the majority of the past 3-year trading sideways...
by Chris Kimble | Oct 5, 2018 | Kimble Charting
The precious metals sector simply cannot buy a break. Since peaking, gold bugs have had several rally attempts squashed. And many of them due to the strength that the US Dollar has found in the past decade. Is it happening yet again? For gold, silver, and the precious...
by Chris Kimble | Sep 20, 2018 | Kimble Charting
The currency markets often play a role in asset management for investors. And one key asset that pays close attention to the US Dollar is Gold (and precious metals). Could a near-term trend change be in store for the US Dollar… and its counterpart, the Euro? Precious...
by Chris Kimble | Sep 14, 2018 | Kimble Charting
In addition to watching the price of a specific asset, it’s important to monitor other indicators as well. For precious metals and gold bugs, the U.S. Dollar Index and Dollar based ratios can be helpful. Today, we re-visit the ratio of the U.S. Dollar Index to Gold....
