Thursday, June 08, 2006

Gold Stocks Indices: XAU, HUI, GDM (GDX)

PHLX Gold & Silver Sector, XAU

Amex Gold Bugs Index, HUI

Amex Gold Miners Index , GDM - tracked by the GDX Market Vectors-Gold Miners ETF.

All Three main Indices looks similar, ~50% correction and bounced slightly - Fibonacci magic?

XAU weekly chart

HUI weekly chart

GDM (GDX) weekly chart

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