by Chris Kimble | Oct 1, 2021 | Kimble Charting
The precious metals arena has reached important junctures for both Silver and gold. Yesterday, we highlighted an important test of support for Silver. Today, we look at a “monthly” chart of the Gold / US Dollar Ratio and highlight a similar test of support. As you can...
by Chris Kimble | Jun 18, 2021 | Kimble Charting
Rising commodities prices have been all over the news for several months. The rally has been broad-based and persistent. So what could possibly derail the commodities rally? U.S. Dollar strength. King Dollar has not been so king-like over the past several months… but...
by Chris Kimble | May 25, 2021 | Kimble Charting
Is King$ about to turn into Humpty Dumpty and experience a great fall? Possible! The US$ had remained inside of bullish rising channel for nearly a decade, as it created higher lows and higher highs. Things changed last year as it slipped below rising channel support....
by Chris Kimble | Dec 14, 2020 | Kimble Charting
For the majority of the past 9-years, the US Dollar has created a series of higher lows and higher highs, creating a long-term rising channel. The weakness over the past 9-months, has King$ slipping below a potential cluster of support at (1). The 88-89 level has come...
by Chris Kimble | Dec 4, 2020 | Kimble Charting
It’s been 20 years since the last major peak in the US Dollar. Could the greenback’s latest turn lower confirm another peak? Today’s chart takes a macro view of the US Dollar Index and highlights the long-term down-trend at each point (1). As you can see, the buck is...
by Chris Kimble | Oct 13, 2020 | Kimble Charting
The Euro is facing one of the most important price tests in the past 20-years, and what it does here, should have a large influence on the price of Gold and Silver weeks from now! This chart looks at the Euro on a monthly basis, since the late 1990s. Line (1), which...
by Chris Kimble | Sep 23, 2020 | Kimble Charting
Last month, I featured this Gold / US Dollar ratio chart in an article warning of the potential for a trend reversal. While the broader bullish trend is still intact (higher lows since 2015), it could be time for Gold to take a breather. Looking at today’s “updated”...
by Chris Kimble | Aug 5, 2020 | Kimble Charting
The U.S. Dollar ran into a perfect storm in 2020: a pandemic (Coronavirus), an easy Federal Reserve, and trillions of dollars in government stimulus. The result has been a steep decline in the greenback. Looking at today’s chart, however, suggests that the US Dollar...
