GOLD 0.51% $1,391.7 gold futures

hui gold index up 27%...

  1. 24,765 Posts.
    Now there's a decent rise for us. The HUI rose 27% from 167.01 to 212.85.

    The HUI has also decisively risen above the 10 days and 30 days moving averages and RSI is stronger than on the 5th. November when the HUI had recovered to 226.72 before it corrected again, but to a higher low. A clear break above 226.72 and then above 250 should be very bullish imo.

    The XAU gold index rose 26.86% from 70.08 to 88.80.

    The GOX gold index rose 27.98% from 74.73 to 95.64.
 
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