Last update: January 05, 2021
HUI-Index found support around the 2016 high at 282 Points
November 27, 2020
HUI Index (Gold Stocks Forecast)
HUI Index has corrected 50 % of the downtrend from the 2011 high to the 2016 low.
NYSE Arca Gold Bugs Index Monthly Chart:
HUI Index has corrected 50 % of the downtrend from the 2011 high to the 2016 low. Strong resistance around the 369 level. HUI Index is now correcting the prior uptrend.
Components of NYSE Arca Gold Bugs Index
XAU-Index (Gold Stocks Forecast)
XAU-Index (PHLX GOLD AND SILVER SECTOR INDEX) has strong resistance zone around 155 and 166 points.
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