Two 200% Rallies Have Taken Place Off This Line

August 24th, 2013
in gold, syndication

by Chris Kimble, Kimble Charting Solutions

The Power of the Pattern shared with Premium and Metals members on July 15th that Silver had rallied 300% to 500% over the last 10-years when Silver hit this key support line and it was oversold compared to Gold, in the chart below.

Follow up:

The charts below reflect that Silver, since the first of this month is up over 16%, making more this month than the S&P 500 has this year!

Click to enlarge

The rally in Silver and Miners off support has been impressive to say the least. Now some key price points are nearing in Silver and the miners.

Click to enlarge

Author's note: If you could benefit by staying abreast of the key support and resistance points in the metals complex, I would be honored to have you as a member. You can receive research like this for as little as $29 per month (sign up here) or we pass along a 20% discount for Annual plans members (sign up here).

We offer a variety of "Power of the Pattern" research reports. If you purchase one report at full price, we offer 50% discounts on 2 other reports! See "Triple Play Advantage".

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