Replies to post #19596 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[4Godnwv]

RSI(14) on the $HUI daily is @64.93 - not quite in the power zone, and certainly not overbought. The top BB has been violated, but other indicators have room to the north.

imo, only extremely agile daytrader types should attempt to swing PM's in September.

[tocotuga]

This chart is revealing:


http://stockcharts.com/h-sc/ui?s=GDXJ&p=D&yr=1&mn=0&dy=0&id=p65917303977&a=206715195&listNum=2