Luettis

HUI Gold Index Breakout?

INDEX:HUI   Gold Bugs Index
The HUI             has broken out of the ascending triangle and I expected it to fall further.
But it stopped and turned - perhaps the index of the goldmines will return to the triangle.

The time cycles show that around this point(+- some bars) one can expect a change in trend, as it has been in the past.

The fibb retracement is now resistance and has to be broken if HUI             shall rise higher.

MACD neutral - turning to positive. MACD is above the long trend.
RSI has already turned to positive and is continuing.

If HUI             can cross the resistance then it is possible that it`ll go up till 221 Points.
Past ascents lasted between 26 to 36 bars and nearly 20% gain.

This brings me to the mentioned conclusion.

I see more chances for a rise than risks for a drop.

Gold             and Silver             are neutral to positive. Dollar has strengthend. The fundamental facts of the explorers, royalty firms and miners are good.

ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出