The miners (HUI) look about ready to lift off and if they succeed, gold will launch right after they leave earth.
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The TSI is now making a lower high and the HUI a higher high - so this may well back fire.
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It backfired. A better set-up will be required, obviously. Back to the drawing board before another attempt :)
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Click on the chart to ENLARGE
WHILE WE WAIT
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Here are three charts of stocks either breaking out or thinking about breaking out.
First, MGH
Second, RIC
Third, SWC
Click on the chart to ENLARGE
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