Chris Kimble - Kimble Charting Solutions – Fri 9 Aug, 2019

Currency charts that are key for the next move in precious metals

Chris Kimble, Founder of Kimble Charting Solutions shares 5 charts (below) that focus on different currencies and relate to possible moves in gold. There are also some comments on the charts of GDX and GDXJ. A lot of these charts are testing key levels where if a break happens could lead to a further run in the precious metals.

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Comments:
  1. On August 9, 2019 at 7:29 am,
    OOTB Jerry says:
  2. On August 9, 2019 at 7:39 am,
    OOTB Jerry says:

    Crimex…….paper gold……not cutting the mustard…..London did it part this morning….
    but, gold back up above $1500…………looking good….JMO
    Bankers going to Jail….does not hurt…. 🙂

  3. On August 9, 2019 at 7:43 am,
    OOTB Jerry says:

    Subject Matters……subjects madder than hell…..and the jail time for some GOLDMAN SAKERS…….ABOUT TIME…. 🙂
    Where is that CORMSLIMER……
    https://www.zerohedge.com/news/2019-08-09/malaysia-charges-17-goldman-executives-1mdb-scandal

  4. On August 9, 2019 at 1:07 pm,
    Silverdollar says:

    Nothing like a chart to explain an idea. Great listen.
    I see the dip buyers became sellers in the last 10 minutes. Also notice that the 50 day moving average seems to be offering stiff resistance to all three major averages. Personally agree with Chris………if you’re in those markets, better lighten up! Here’s to a good weekend for everyone.

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