HUI and TSX Gold Index
Both the HUI and the TSX Gold Index enjoyed a strong up week with the HUI gaining almost 14% and closing at new highs for the move up. This is bullish going forward. On the other hand while the TSX Gold Index gained 8.6% closing at 300 it is well off its highs at 353. Could the HUI be leading the way? Appears that way but follow through this week is important. The HUI is through resistance and next resistance appears to be at 360. Above 360 we could move swiftly … [read more...]
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These are 3 separate reports (more details here) (at least 44-46 per year): a fundamental and technical perspective on what’s happened during the week and what’s shaping up for the coming one. The Technical Commentary, Technical Scoop & Chappy's Stock Picks.
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