As for the Gold Sector

We gold bugs still have to heed the technicals, even as the macro and sector fundamentals ram into place (with the notable holdout being the still flattening yield curve due to the still stern Fed).

Here are the ending notes to an NFTRH update from yesterday that reviewed the daily, weekly and monthly charts of HUI as the sector was hitting key upside targets (and resistance beginning at a gap from last August and the SMA 200, which it hit and then summarily got clobbered from).

Subscribers got this in plenty of time to make decisions before a noisy day like today, when the Fed did its thing and then the machines took over.

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Gary

NFTRH.com