If HUI, NEM, XAU Put In Lower Intraday Cycle Highs

Than those that occurred early on that will confirm that the major upcycle's (since 5-16-05) Elliot Wave 4 down began early today for HUI/XAU and on 1-17-06 for NEM. It doesn't look like today's early cycle highs will be taken out, so, welcome to Elliot Wave 4 down!