A decisive break above 370 on $HUI would be a very bullish signal to add to gold stock position. I anticapate a 50% or more retracement as I feel gold stocks are overbought.
The two lows on the D-J Averages to watch are 12845.78 for the Industrials and 4672.35 for the Transports
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_t1--BmKwTNgbrxp7ntbSJB7bGpcwm-QwbpaP5zmtfSVrvHCWsss3l0Z0Y2NbMj2kAC8fMXUoJT6z_cRAjQ_i8EQyNV7JZYqcth0lpJaJA=s0-d)
No comments:
Post a Comment