2 replies to this topic

[Mike]

XAU & HUI

XAU (click here for XAU components)
5/12 Gaps don't have to be filled, but it seems to me that they are about 75% of the time - particularly over the course of several months. There's a couple of gaps down around 75 that happen to coincide with the rising trendline on the monthly log chart. (Does anyone have an idea why these gaps don't exist on the HUI?)

http://stockcharts.c...12666985,Y].GIF

http://stockcharts.c...26883927,Y].GIF

HUI (click here for HUI components)

5/12 The red rising trendline from the weekly log chart has now been tested several times. Any further rallying of the dollar and the lower declining blue trendline will come into play.

http://stockcharts.c...J1400783,Y].GIF

http://stockcharts.c...23714383,Y].GIF

WEEKLY
http://stockcharts.c...12299716,Y].GIF

MONTHLY
http://stockcharts.c...12299691,Y].GIF

[mss]

Very nice work. Took lots of time and I for one THANK you. mss

[dougie]

great charts MIKE. thanks! where to now? wait to go long or short?