As noted below, the HUI index is holding support above its old resistance line quite nicely. As a few have stated before, the USD rise is due to short-term politics and not fundamentals. The tell-tale sign of this is that the USD rises to a manipulated round number, i.e. up 0.50. Even NEM is holding its $50 level without much concern. We will see how long this mini USD rally lasts as the most recent ones have been quickly overwhelmed by selling.

Needed rest - VHF

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6 Month HUI chart

Last trade	450.29	Change	-13.66 (-2.94%)
Open	463.95	Previous Close	463.95
High	463.95	Low	447.09