The HUI Miners Index: Fibonacci Tells of Fortune

http://thetsitrader.blogspot.com/2013/06/the-hui-miners-index-fibonacci-tells-of.html

Key Chart As Gold, Silver & HUI To Have Massive Advances

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/14_Key_Chart_As_Gold%2C_Silver_%26_HUI_To_Have_Massive_Advances.html

Look At This & You Will See We Are Very Close To A Bottom

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/5_Look_At_This_%26_You_Will_See_We_Are_Very_Close_To_A_Bottom.html

HUI index

I'm not a technical analyst, and not a particularly good trader either, so don't take my word for it.  But if the HUI (AMEX Gold Bugs Index) takes out its all-time high, we could have a further upside break out in gold and silver.  If the HUI fails to take out its 597 high, we should see a retreat and further consolidation.  Either way, the secular bull market in precious metals should be intact, barring a waterfall decline in both metals (e.g. a bear raid takes out all the stops of the weak longs).

See disclaimer in the side bar.

Disclosure:  I have no position in the HUI, although I am long precious metals mining shares.