Here’s an updated chart of the present “descending triangle” technical breakout rally in the HUI Gold Bugs Stock Index:
The HUI index now needs to take out the prior high of 318 to confirm the rally. If it does, there is no significant technical resistance until the HUi 370-380 range.
And fundamentally, the HUI could run all [...]
HUI Gold Bugs Index: Chart Breakout…
February 11th, 2009 · No Comments · HUI XAU Index Charts
Tags: Gold chart·Gold Price Chart·Gold Stocks·HUI·HUI Chart·HUI Gold Bugs Index Chart
HUI Gold Index Chart: The Yellow Dog Meets Black October
October 3rd, 2008 · 1 Comment · HUI XAU Index Charts
The HUI Gold Bugs Stock Index now reflects the market shift from the debate over inflation versus deflation, to the debate of recession versus depression.
HUI Gold Bugs Index Chart
Yesterdays selloff was reflective of the worst of all worlds…
– an indication that the House will not pass the bailout/stimulus package.
– a complete exodus from commodities and [...]
Tags: Gold·Gold Charts·HUI·HUI Chart·HUI Gold Bugs Stock Index·HUI Index Chart