Loading ...$HUI – Daily
The recent PM top on the indices (and many individual charts) was an ugly crown of thorns. The pattern was indistinct, but one interpretation might be a double top. Today $HUI reached the minimum Price Objective (PO) for a double top. This is a good place for the HUI to find support. Will it bounce here, or carry on down?
EDIT:
Am adding here $XAU Daily chart today also at minimum DT target. There could be a bounce here – or a complete collapse LOL.
That was not a double top it was a false break out lol
🙂
To the moon soon !
Hahahahaha
Nice chart Foxy
Maybe a bounce to the 200dma…to get the bugs biting again
Its black fly season here
🙂
Ugh, black flies are the devil incarnate. They are not a bother at all where I live. I think the reason is the myriad swallows that nest in the sand cliffs behind and high above along the river bank. They swoop and dive in feeding frenzies over the grassy field below and close about my cabin. They are swift and sure and not at all shy. Anyway, no black flies.
$GDM doesn’t quite fit the DT price objective min target hit, but $XAU certainly does. If anyone is interested I will post the chart.