Which scenario most likely to play out? Or maybe one I didn't mention. http://stockcharts.com/h-sc/ui?s=NUGT&p=D&yr=0&mn=3&dy=0&id=p19401212198 http://stockcharts.com/h-sc/ui?s=NUGT&p=D&yr=1&mn=3&dy=0&id=p24367853800 Two up gaps. Dec 23-27 from 6.29-6.39. Dec 28-29 from 7.17 to 7.32. 1. the gaps fill now and perhaps test support for a classic style double bottom. 2. Test to Dec 14 long red candle bottom and bounce to area of last high and 50 day to be repelled and then reverse down. 3. Forget Friday and retest to that high and test 50 day maybe even 11.09. 4. Friday began a retest to 3.48 Jan low.
Some great chartists here so interested in everyone's view. Gold currently testing 1150 in the open spot market.
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