daily technicals

The bounce has materialized, as anticipated.  This almost had to happen given the vastly improved CoT structure for gold, the over sold levels of the stocks and the “puke” sentiment noted a couple weeks ago.

The first target on HUI is 180 (+/-).  What we have going on there is a gap to be filled and a resistance area that has very clearly held support and provided resistance for the last 6 months.

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