Horizons COMEX Gold ETF Breaks Above 200-Day Moving Average - Bullish for HUG

In trading on Friday, shares of Horizons COMEX Gold ETF (TSX: HUG.TO) crossed above their 200 day moving average of $12.92, changing hands as high as $13.01 per share. Horizons COMEX Gold ETF shares are currently trading trading flat on the day. The chart below shows the one year performance of HUG shares, versus its 200 day moving average:

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Horizons COMEX Gold ETF 200 Day Moving Average Chart

Looking at the chart above, HUG's low point in its 52 week range is $11.67 per share, with $16.39 as the 52 week high point — that compares with a last trade of $12.54.

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