{"id":1116444,"date":"2019-05-16T15:59:20","date_gmt":"2019-05-16T15:59:20","guid":{"rendered":"http:\/\/www.kereport.com\/?p=52068"},"modified":"2019-05-16T15:59:20","modified_gmt":"2019-05-16T15:59:20","slug":"chris-kimble-kimble-charting-solutions-thu-16-may-2019","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1116444","title":{"rendered":"Chris Kimble &#8211; Kimble Charting Solutions &#8211; Thu 16 May, 2019"},"content":{"rendered":"<p>Silver Miners; Can They Bounce From This Key Support Test?<\/p>\n<p>This chart is from our good friend Chris Kimble over at Kimble Charting Solutions. He is outlining a key level that the silver miners need to bounce from or else we could be seeing lower levels and possibly a test of the 2015\/2016 lows.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/i0.wp.com\/kimblechartingsolutions.com\/wp-content\/uploads\/2019\/05\/silver-miners-testing-dual-support-can-they-hang-on-may-16.jpg\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/i0.wp.com\/kimblechartingsolutions.com\/wp-content\/uploads\/2019\/05\/silver-miners-testing-dual-support-can-they-hang-on-may-16-640x339.jpg\" alt=\"\" class=\"wp-image-51733\" width=\"589\" height=\"312\"\/><\/a><\/figure>\n<\/div>\n<p><a href=\"https:\/\/finance.yahoo.com\/quote\/SIL\/profile?p=SIL&amp;.tsrc=fin-srch\"><strong>Silver Miners (SIL)<\/strong><\/a>&nbsp;have lost over 50% since the highs back in 2016. Is this large of a decline enough to present a buying opportunity?<\/p>\n<p>No doubt the multi-year trend for SIL remains down at this time. The long-term decline and the decline over the past few months has it testing last years lows again at (1).<\/p>\n<p>While testing the lows it finds itself at the apex of a falling wedge pattern at (1).&nbsp;Is a&nbsp;<strong>\u201cDouble Bottom\u201d<\/strong>being attempted by SIL at the 2018 lows? In my humble opinion, it is too soon to tell, yet possible.<\/p>\n<p>What would it take to suggest that a short-term counter-trend rally is taking shape? The first step would be to break above the top of the falling wedge pattern.<\/p>\n<p>What would it take to send a renewed bearish message from SIL? A support failure at (1)!<\/p>\n<p><strong>What SIL does in the next couple of weeks could send an important message to Silver and&nbsp;<a href=\"https:\/\/finance.yahoo.com\/quote\/GDX\/profile?p=GDX&amp;.tsrc=fin-srch\">Gold Miners (GDX)!!!<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silver Miners; Can They Bounce From This Key Support Test?<br \/>This chart is from our good friend Chris Kimble over at Kimble Charting Solutions. He is outlining a key level&#8230;<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[530,362,553],"tags":[102],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1116444"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1116444"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1116444\/revisions"}],"predecessor-version":[{"id":1116445,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1116444\/revisions\/1116445"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1116444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1116444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1116444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}