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

[THREE-DAY-TRADER]

Since you bring that point up--- If you would've been around me at anytime the past few months since April or further back, I'd have told you to avoid anything Gold-Silver in the short-medium term, which I've been actually telling anyone privately who asks me.
I am not the type who goes around typically posting in hindsight how much I knew something (as I understand how annoying that is when people commonly may do that), but in this case I'm just telling you truth about myself with this.

I've respected the bullish strong $USD & Fed rate increasing environment for some time now & consequently have been telling anyone to trade other things which would be less risky than bearish trends on miners or gold/silver funds.

It doesn't necessarily mean I'm not looking at possibility of a JNUG trade at some point or that it's not possible to short term trade some bear market rallies, but I respect the riskier than usual environment for Gold/Silver we're in yet so I trade it less these days & have been also pointing out for over a year now out that upper 1300's on Gold is strong resistance yet (meaning again many months back I would've warned you against Gold/Silver as I've been factually telling to anyone who asks me about related trades/investments)

GLTU




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