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

[CowBoE]

Beautiful long chart!

This is how something makes new high and gets higher.

So its all about is the glass "half full" or "half empty".

If you want gold to rally, it will be agonizing to see dollar rally,
but current conditions are set for dollar and US stock market to run more.

Check back in 3 to 6 months and see how much higher it went.

BTW, these 3x ETFs are designed to erode in value.
Regardless of which side you are holding, over a long period,
huge value will be wiped out.

So trade them in short term with stop limits and do not get trapped
into one for a long period.

Though I maintain bearish bias on gold, I trade in both directions.