NFTRH Update, HUI daily technical status

Another quick review for gold stock traders and investors…

HUI has continued to decline in normal fashion.  The gap was filled yesterday as expected and now 195 should hold on a closing basis or the mini correction becomes abnormal.  191.44 would then be a key to a failure of the short term bottom attempt.

hui

The employment report due out at 8:30 (US Eastern) will likely be a stimulus for the markets one way or another, so we might expect a level of volatility.