Direxion Daily Gold Miners Bull 2X (NUGT)

[Rastignac]

We'd all like to see gold only rising but I think we forget that nothing goes straight up. In fact, gold is still in an uptrend that started in July. Last two weeks marked particularly steep rises in gold. IMO gold and miners are doing just fine and even better when we take into account that lately, it was NK that driven gold higher. As long as gold is above $1300 we're fine.

I'm not in GDX nor NUGT just yet.