Gold Bugs Index Testing Long-Term Breakout Level

Gold Spot US Dollar News

Gold Bugs Index Testing Long-Term Breakout Level
Gold FuturesARCA Gold BUGS
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Commodities Analysis by Chris Kimble covering: Gold Spot US Dollar, Gold Futures, ARCA Gold BUGS. Read Chris Kimble's latest article on Investing.com

Yesterday I wrote about Silver and a potential inflection point. Today, we turn to the gold miners and the all-importantThe rally has brought the Gold Bugs back to falling trend line resistance, lateral resistance, as well as the underside of the original rally trend line.

In short, this is a BIG area of resistance that will either bring a pause/pullback to the rally, or see a major breakout.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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