The Downside Gaps From Monday 11-21 Should Get Filled

HUI has a downside gap at 245.01, NEM has a downside gap at 46.33 that was filled early today, and the XAU has a downside gap at 115.10, all created at 11-21's open, that should get filled in this Elliot Wave 4 short term downcycle. Notice that NEM led to the downside.

Once HUI and the XAU fill those downside gaps it should be back to the races in the Elliot Wave 5 short term upcycle shortly thereafter. Ciao