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

[mannken]

I'm with you,

and stand gracefully corrected on 3 white soldiers, my error on those candle comments, don't know what I was thinking, nonetheless, take a look at gold weekly rsi divergence since Aug2019



also, cots report for last week

non-commercial --> commercial
Long 334,237 Short 67,801 --> Long 129,690 Short 433,549

so, yes indeed mania on the non producer side but producers not agreeing unless some other hedging strategy I'm not familiar with or uneducated about

80% long, 20% short on the street, these usually turn out to be good contrarian plays and why I'm going to long jdst very soon

possible wild card is election coming, Fed/CBs likely do not want gold explosion or they want it depending on which party, since gold mania can create society anxiety of economic turmoil

good discussion !