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.
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.