Loading ...FXY & HUI
HUI exploded upside shortly when the various moving averages crossed over 200 MA in Jan 2016. Now FXY had broken out of the wedge and the same moving averages had once again crossed over 200 MA to the upside. Will we get to see history repeat itself and ride another explosive move from HUI upside ?
Very nice chart Maurader
Thanks
Cheers M yes still on Target https://goldtadise.com/?p=402925
Yes, I think we will. I expect big moves in the miners before the end of the month.
Mind you it may throw us a curved ball yet as per 2007! Keep some powder dry just in case.
I’d been “decent fall, then strong rally” for months until around 2.30 pm yesterday. Now I’m “small fall then strong rally.” Longer term though, I’m GFC 2.0 and ~$550 gold.
Thereafter, gold rising massively.