HUI : GOLD
It has been a while since I looked at this chart but it now appears that gold stocks are making a significant move confirmed by the RSI breaking out of the momentum coil structure. This typically is a form of ignition hinting that the move it is the real deal. There appears to be a little more upside for gold stocks relative to the metal. I would anticipate a little consolidation and the top rail of the RSI coil will come in as support leading up to a potential breakout of this massive base. Lots to like here in the gold space.
Early 2021 is when the real fireworks begin, exactly where your arrow is placed!
Sounds good to me!
Great looking chart!
Thanks Patrick.
Nice chart Marty. Ties in with my expectation for a significant advance now, then a few months pullback and something bigger as we move into next year.
It’s nice to hear that it gels with your take on things. Cheers
Hail Hail the Gang’s All here
🙂
It all started with Rambus and goldtadise. Nice to visit my roots now and then. 🙂 Hope you are well Fully!
You were an A+ student Sir Marty
Always knew you would Fly on your own
Now you have a host of followers of your unique work.
Great to see you now and then.
Very kind of you to say Fully. Say hello to Rambus for me. It was a completely necessary step for me to take, joining you and many other keen market students at Rambus Chartology. Rambus is someone that can change peoples lives in a big way if they care to be patient and take notice of his methods. Such a great teacher, always level headed and a mind blowing wizard of TA. Take care and enjoy this market!