Mining Shares and Gold Break Higher - Silver Not So Much

Screenshot 2023-01-04 at 17-22-01 NYSE ARCA GOLD BUGS INDEX (^HUI) Charts Data & News - Yahoo Finance.png
HUI Index of mining stocks broke the sideways action to the upside.

The uptrend in the mining stocks remains intact. An uptrend is defined as a series of HIGHER HIGHS and HIGHER LOWS.

Screenshot 2023-01-04 at 17-35-49 Consequences of Stupidity Meme Generator - Imgflip.png

Screenshot 2023-01-04 at 17-20-46 Gold Futures Price - Investing.com.png

Gold broke its sideways action to the upside.

The uptrend in gold remains intact.

Screenshot 2023-01-04 at 17-21-20 Silver Futures Price - Investing.com.png

Silver remains in sideways action.

Screenshot 2023-01-04 at 17-39-34 sad dog Meme Generator - Imgflip.png

In review, HUI Index and Gold broke out to the upside with an intact uptrend.

Silver is lagging behind with a continuation of sideways action.
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Peace Out and Stack On!



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8 comments
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You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

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Thanks again, @handofzara. Some are saying Silver is still the best buy out there.

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It did have a bit of a run up while gold was not doing well at the same time , I believe the silver market is taking a little breather and will keep going up

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