NEM Outperformed The XAU By A Very Bullish +1.73% Today
So the minor int term cycle highs still may not be in for HUI, NEM, and the XAU, but the key is SPX (S & P 500), which drives index fund trading, and SPX's short term upcycle is rolling over ( http://finance.yahoo.com/q/ta?s=%5Espx&t=5d&l=off&z=l&q=b&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c= ) and may have peaked today. Also, the Fed isn't spiking the punch as much the past two days which is very important.
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