TSX:LUG Technical Analysis

Lundin Gold Inc. — Technical Analysis & Chart Patterns

21 formations appear in LUG's daily price history. A break of structure (bos) completed with a downward breakout on September 28, 2026; a donchian breakout, bearish completed with a downward breakout on September 28, 2026; a breaker block, bullish completed with an upward breakout on October 7, 2026; a market structure shift (mss) / choch completed with an upward breakout on October 9, 2026; a donchian breakout, bullish completed with an upward breakout on October 9, 2026; a falling wedge completed with an upward breakout on October 9, 2026; an order block (ob), bearish completed with a downward breakout on October 13, 2026; a p&f double top breakout completed with an upward breakout on October 15, 2026; a fair value gap (fvg), bullish completed with an upward breakout on October 20, 2026; a fair value gap (fvg), bearish completed with a downward breakout on October 26, 2026; a donchian breakout, bearish completed with a downward breakout on October 30, 2026; an elliott wave corrective (a-b-c zigzag) is currently forming and has not yet triggered; a mitigation block, bullish completed with an upward breakout on October 30, 2026; a harmonic gartley completed with an upward breakout on November 2, 2026; a breaker block, bearish completed with a downward breakout on November 2, 2026; a long day, white printed a bullish signal on November 3, 2026; a spinning top, white printed a bullish signal on November 4, 2026; a complex head-and-shoulders bottom is currently forming and has not yet triggered; a Wyckoff markdown phase has been under way since March 2, 2026; a scallop, ascending is currently forming and has not yet triggered; a spinning top, white printed a bullish signal on November 5, 2026.

Signal balance Bearish tilt 4 bullish (2) · 3 bearish (8.5)
Live signals only, weighted by each pattern's measured edge (proven counts double promising, which counts double unproven; confirmed breakouts count full, forming setups, phases and candles half). Trades that already resolved don't vote. 5 signals from negative-edge patterns excluded.

Patterns

last close, adjusted
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FORMING
Complex Head-and-Shoulders Bottom — Jan 2, 2026 to Nov 5, 2026
BREAKOUT DOWN
Wyckoff Markdown Phase — Mar 2, 2026 to Nov 5, 2026
FORMING
Scallop, Ascending — Aug 25, 2026 to Nov 5, 2026
BREAKOUT UP
Spinning Top, White — Nov 5, 2026 to Nov 5, 2026 · broke out on Nov 5, 2026
BREAKOUT UP
Spinning Top, White — Nov 4, 2026 to Nov 4, 2026 · broke out on Nov 4, 2026
BREAKOUT UP
Long Day, White — Nov 3, 2026 to Nov 3, 2026 · broke out on Nov 3, 2026
BREAKOUT DOWN
Breaker Block, Bearish — Sep 28, 2026 to Nov 2, 2026 · broke out on Nov 2, 2026
FORMING
Elliott Wave Corrective (A-B-C Zigzag) — Aug 25, 2026 to Oct 30, 2026
BREAKOUT UP
Mitigation Block, Bullish — Jul 3, 2026 to Oct 30, 2026 · broke out on Oct 30, 2026
BREAKOUT UP
Harmonic Gartley — Jul 17, 2026 to Oct 30, 2026 · broke out on Nov 2, 2026
BREAKOUT DOWN
Donchian Breakout, Bearish — Oct 1, 2026 to Oct 29, 2026 · broke out on Oct 30, 2026
BREAKOUT DOWN
Donchian Breakout, Bearish — Aug 28, 2026 to Sep 25, 2026 · broke out on Sep 28, 2026
BREAKOUT DOWN
Fair Value Gap (FVG), Bearish — Oct 21, 2026 to Oct 26, 2026 · broke out on Oct 26, 2026
BREAKOUT UP
Fair Value Gap (FVG), Bullish — Oct 7, 2026 to Oct 20, 2026 · broke out on Oct 20, 2026
BREAKOUT UP
P&F Double Top Breakout — Oct 8, 2026 to Oct 14, 2026 · broke out on Oct 15, 2026
BREAKOUT DOWN
Order Block (OB), Bearish — Sep 4, 2026 to Oct 13, 2026 · broke out on Oct 13, 2026
BREAKOUT UP
Donchian Breakout, Bullish — Sep 11, 2026 to Oct 8, 2026 · broke out on Oct 9, 2026
BREAKOUT UP
Falling Wedge — Aug 25, 2026 to Oct 8, 2026 · broke out on Oct 9, 2026
BREAKOUT UP
Breaker Block, Bullish — May 29, 2026 to Oct 7, 2026 · broke out on Oct 7, 2026
BREAKOUT UP
Market Structure Shift (MSS) / ChoCh — Aug 25, 2026 to Oct 7, 2026 · broke out on Oct 9, 2026
BREAKOUT DOWN
Break of Structure (BOS) — Aug 25, 2026 to Sep 22, 2026 · broke out on Sep 28, 2026
Detected on this chart: Spinning Top, White ×2, Donchian Breakout, Bearish ×2, Complex Head-and-Shoulders Bottom (forming now), Wyckoff Markdown Phase, Scallop, Ascending (forming now), Long Day, White, Breaker Block, Bearish, Elliott Wave Corrective (A-B-C Zigzag) (forming now), Mitigation Block, Bullish, Harmonic Gartley, Fair Value Gap (FVG), Bearish, Fair Value Gap (FVG), Bullish, P&F Double Top Breakout, Order Block (OB), Bearish, Donchian Breakout, Bullish, Falling Wedge, Breaker Block, Bullish, Market Structure Shift (MSS) / ChoCh, Break of Structure (BOS). Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

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