***HUI has in a way been leading the markets, and it's one of the reasons why I'm still not confident the HUI has bottomed here, because I have yet to see the blatant divergence from the market so far that I've been looking for. It may not kick in until the next wave of the bear market is confirmed. So I would think, at least a retest of the recent lows is in store some time down the road for the $GOLD equities. It's also possible that $GOLD could briefly dip under $400 before starting it's long-term march to much higher levels, and I mean MUCH higher levels. I believe $GOLD is in a long-term bull that won't be held down for long, especially after being in a bear market for well over 20 years...
The main point of this post, is that I wanted to point out that today's HUI candlestick is potentially a top... note how long the stem is on the HUI today...
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