Tom_Killick

HUI Beautiful Completion Of Domed House And Three Peaks Pattern

INDEX:HUI   Gold Bugs Ndx
227 2 1
Friends,

-Perfect completion of dome and 3 peaks pattern in terms of price action and timings.

-Sitting on a critical historical support line at the moment, this could be a good opportunity to get into this for the long haul.

This pattern did complete a while ago, but it's important to use this pattern now as a tool in the future indicative trend.

I will publish a trading plan for this separately in the near future.
For observation purposes only.

All the best,
Tom
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Youtube: https://www.youtube.com/channel/UCrKe1mbrc5cAj1BuuQNoyrA?nohtml5=False
Domed House or whatever pattern you like, HUI is simply back down at the very bottom; the 52 week low is 183.33. I would say anything below 250. is within the bottom range. The gold mining stocks need momentum. That is the only real indicator of anything.
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Tom_Killick
2 years ago
I agree. Would be looking for actual momentum here not just technicals. Hence 'this is for observation purposes only'
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