Luettis

HUI still in good position

NYSE:HUI   NYSE ARCA GOLD BUGS INDEX
buy: above the dotted line (green arrow)
the line connects three peaks of the past week

stop: below the dotted line (red arrow)
the line connects four valleys of the past week

The index is above the long descending trend line (dashed line)

RSI and MACD without strong signals = neutral

With stocks and cryptos going down a switch of investments in metals and mines is possible (not yet).
Interest rates are announced to rise (FED) but only in little steps. This shouldn´t stress the prices.

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