Direxion Daily Gold Miners Bull 2X (NUGT)

[Stocknawe]

$10 reversal from the overnight lows based upon today's Econ numbers, which appear to indicate a lower than expected GDP and durable goods, but stronger service section and corporate profits. Most likely May's numbers for durable goods and GDP are resultant from the so called "winter hangover". Seems to me to be a wash, perhaps the geopolitical factor at play, gold does not appear to be at lofty levels just yet according to the technicals or fundamentals in my opinion.