The gold miners posted a new HIGH at 179.05 and a new high on the CLOSE at 177.46.
For two days in a row the HUI closed above the "line in the sand" of 175.00.
Tomorrow is FED day, with all of the excitement that goes along with it.
The HUI is way overbought but the stochastics are locked in an embedded status, so anything is possible ie more highs or a correction.
I will be very interested in seeing if the HUI closes above 175.00 for three days in a row.
Peace out and Stack ON!
PS. as a side note I did leave 10 COMMENTS today for Ten Comment Tuesday!