HUI, NEM, and the XAU Just Did An Elliot Wave A, B, C Downcycle Prior To This Short Term Upcycle AND

They will probably do another one now, which means I'll look to sell my XAU Puts on the Wave A Down, maybe trade XAU Calls on Wave B up, then probably aggressively trade XAU Puts on the Wave C down. NEM and HUI put in slightly higher monthly cycle highs today than those on 12-12 which are nice double tops, and, the XAU's monthly cycle high occurred on 12-12.

NEM has downside gaps to fill at 50.45 from 12-22 and at 48.75 from 12-7 and the XAU has a downside gap at 122.49 from 12-22.