Loading ...HUI Resistance at 285/286
As Peppermint Patty was saying yesterday, resistance is well established in the PMs. On HUI the 285/286 area has been hit six times. This looks to be a continuation pattern as the PMs consolidate. I believe that there should be a significant run after this resistance is taken out. Jmho.
The more a line is tested, the more likely it is to break. 😉
Above is the “thin zone” when we can expect a run to GDX $39…The “energy” is compressing within your denoted wedge pattern–expecting resolution soon.
Waiting for that “thin zone.”