The Gold Prices Newsletter |
| The Gold Bugs Index: Something to chew on Posted: 29 Jan 2009 03:28 PM PST Chart courtesy of StockCharts.com A strange but nice day as gold is up $21.90 at $908.30, silver is up $0.40 at $12.35, and the HUI is up 13.3 at 301.85 whilst the DOW dropped 226 points to close at 8149. Taking a quick look at the above chart of the HUI we can see that the RSI is trending higher which is positive and the MACD has just formed a golden crossover as the black line has crossed the red line in an upward swinging motion. We can also see that the 50dma (blue) is moving up in support of the HUI; hopefully it will cross the 200dma in the not too distant future (more…) Related on Gold Prices: Also See:      |
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