Direxion Daily Gold Miners Bull 2X (NUGT)

[rotor1]

I assume this spurt in Gold is entirely

due to the infantile level of discourse going on in Washington. Can't say that's anything new from how it's been for years. The only difference this time however inept the Potus may be he wasn't the candidate the deep state expected to fill the position, end of story.

Since the 'Pink One' last week, Ok until the last few trading days which seem to have been marred by the 'slow to buy, quick to sell syndrome.' Plenty of other things on the chart outside of whatever the sticks might hint at.





Looks like another crap shoot to me with at least some form of immediate pullback - probably depends to a great extent on what happens next in Washington. Far too busy to take much notice at the moment, maybe more time next week.