Loading ...GLD – RSI up to 72, looks pretty over bought, 50 dma crossed the 200 dma, but if this is it for the pm’s I suppose it could stay over bought for awhile – although staying over bought doesn’t usually apply to pm’s.
SLV – 50 is just about to cross the 200, RSI has a little room to run. Looks like SLV can get to $26 pretty easily
HUI – RSI @ 72, led by NEM, AEM and GOLD. 50 touching the 200 dma. No doubt the 50 will bust through. I suppose the HUI can zip up to 320 before hitting some pretty good resistance.
I didn’t realize the HUI almost got to 380 back in August 2020. If 320 then 380?
If this is the real deal, trying to sell overbought may not work so well.
Looking forward to another Sunday night open.