While it’s not always a perfect timing tool, when the ARCA Gold BUGS Index (HUI) is oversold in a bull market is always a buy signal. Why?
Because in a bull market, price will always return to overbought conditions. When it does you make money.
While it’s not always a perfect timing tool, when the ARCA Gold BUGS Index (HUI) is oversold in a bull market is always a buy signal. Why?
Because in a bull market, price will always return to overbought conditions. When it does you make money.