Key Breakout Levels For Gold, Gold Stocks, and The USD
Chris Kimble, Founder of Kimble Charting Solutions joins me to present 5 key charts to consider for precious metals investors. We look at the actual gold price as well as GDX and GDXJ to outline key levels that need to be broken for a bull market run. All the charts are presented below.
If you have any specific sectors you would like Chris’s thoughts on please email me at Fleck@kereport.com.
US Markets Might Be Looking Stronger Than You Think
Chris Kimble, Founder of Kimble Charting Solutions joins me to shares some US market chats that support the argument for general strength. Looking at the Advance/Decline lines for the S&P, NYSE, and Dow there are new highs being formed. This says that a broader number of stocks are leading this recovery, which is bullish. He also gives a quick mention to the oil market.
All the charts we discuss are posted below for reference.