Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

[Marketwise]

I tend to agree with other gold bulls here. Once gold gets rolling again JNUG could get soaring again. I would not be surprised to see 14 reached in this at some point tomorrow or very soon. From there perhaps a moderate pullback and then off again. It all hinges of course on what gold does near term but for every incremental move up in gold I think we see a much more significant move in JNUG; even more than usual but that's just my opinion based on what I am currently seeing. Need to see that resurrection of the gold bull and this thing will truly get flying.