Huey has had a nice week long correction down to our first support level defined roughly as the EMA 20 and the former daily resistance of 360 (now support), which was cut through like butter on the upside after a couple days of congestion.NFTRH has laid out stronger support lower that corresponds well in all time frames. I am leaning toward the lower supports being hit but thus far, there is nothing much technically wrong with the gold stocks, save for that down trigger on the MACD.
Patience will continue to be a good thing in the near term.
