HUI:GLD
HUI:GLD is overbought and might be ready to pull back. Something to keep an eye on this week.
HUI:GLD 2 Hr Chart
On the Daily chart it looks like it is trying to break out.
HUI:GLD – Daily
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POSTING INFORMATION
I’ve been watching too. The 2 reasons that come too mind is the SM looking shaky and the SGR dropped recently to 76 now it’s up to 78+\- while Gold got slammed? SM money maybe looking at others options? IMO the bounce in miners was related to the SGR mostly fwiw?
…Could be, but (Aaaah !) maybe this… Bo Peep came out of nowhere – and he’s got the WORD.
Darn, just when I wanted to be bullish, if only for a bit…
https://www.youtube.com/watch?v=kopXR_LANR0&feature=push-fr&attr_tag=7pXFjX85QO_pfLfW-6
Oh No Not Bo !
This is now a new Level of BS
Yikes.
And that face….
Congratulations on all your charts silver fox but can you have a look and comment on ABX.TO for me as most of the Australian and Canadian gold miners are headed lower into a DCL.
My timing around 16-18 Jul
They are NOT taking any notice of what gold or the USD are doing.
The AUS miners normally follow gold very closely but are moving in the opposite direction.
I know they like the higher USD as it increases their profitability but they would prefer higher gold prices.
So what is going on? Is the USD about to turn up and gold down?
Most members are familiar with ABX.TO and it is a good example.
Thanks my friend.
You bet. Stand by.