iShares MSCI Global Gold Miners Breaks Above 200-Day Moving Average - Bullish for RING

In trading on Monday, shares of the iShares MSCI Global Gold Miners ETF (RING) crossed above their 200 day moving average of $10.60, changing hands as high as $10.69 per share. iShares MSCI Global Gold Miners shares are currently trading up about 3.5% on the day. The chart below shows the one year performance of RING shares, versus its 200 day moving average:

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iShares MSCI Global Gold Miners 200 Day Moving Average Chart

Looking at the chart above, RING's low point in its 52 week range is $8.67 per share, with $18.13 as the 52 week high point — that compares with a last trade of $10.53.

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