.............................Very Sharp Volatility Spikes!

From yesterday's cycle highs to today's cycle lows HUI fell a very sharp -5.50% or thereabouts and the XAU fell about -4.50%. Those are very respectable volatility spikes that portend strength. Tomorrow should be a sharp rise and maybe a very sharp rise with a chance that new monthly cycle highs may occur in the next day or two (doubtful though). Remember that NEM outperformed by a very bullish +1.46% yesterday and we'll see what it does today. It may outperform again. Ciao!