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

[Meximus]

Where do you forecast the price in the next few months?

Usually, after a rate hike, JNUG increases 20-30%. Gold going up modestly, say 4 or 5%, will put gold within the reasonable band of price, but will propel JNUG to 20-30%.

If gold can break 1360s, 1400s can be the catalyst for a 2 or 3 multiplier of JNUG before Chinese golden week in October.