NFTRH; Key Gold Stock Indicator at Decision Point (high priority)

Very simply, the HUI/Gold ratio (HUI/GLD) is back to the rising SMA 50, which supported its last two pullbacks. Making this juncture even more important is the still down-sloping SMA 200.

Bottom Line:

  • If HGR holds here it will be notable.
  • If HGR fails to hold here it will be notable.

hui gold ratio