Loading ...HUI WEEKLY
Remember what a big deal it was when HUI broke out of that 5 year pattern from hell
That was a big deal. That pattern was deceptive and kept grinding down and down .
Well it stands to reason a dominant pattern like that needs to be retested….right ?
Yes Virginia We are there now .
Last Chance at the Little Big Horn .
Circle the Wagons Bulls.
Get the calvary to blow some bugles. 🙂
There are so many ways of looking at this, with so many charts. This must surely be one of the most important another move down and we’re back in a long established channel which goes down a long way ! Gold’s multi-year cycles would suggest, though, that if we have to endure another sharp drop, there is a very good likelihood we’ll break to the upside again early next year. Grateful for bringing this back to our attention.
As above, there are many ways of looking at the data.
However as I see it in my simplistic way (looking at this chart alone) this is the Last Chance of the Little Big Battle. A Big Big Big Battle could occur at or just below the recent (as in year-ago) lows — to pick some numbers in a purely arbitrary fashion — at 93, 97, 101, something like that. There could be Many Many battles around there. I in fact almost look forward to the Big Big Big Battle.
(One would like to consult other entrails & tea leaves (such as longer term charts, charts of related entities) to guess better as to the outcomes either here or below. If the Big Big Big Battle Below seems to be won, does it just mean that it will go up and descend longterm in a channel? Does it bounce high again, way way high? or? )