Direxion Daily Gold Miners Bull 2X (NUGT)

[Surfint]

Will Monday be like 9/20?

What potential catalyst could there be for gold/miners over the weekend?

With earnings around the corner for miners, maybe some disappointments with the recent decline in gold; if the outlook for gold is lowered, miners could look even worse (the not so great miners ).

If big $ wanting to flush out some miners, maybe the better miners would/could withstand reporting during a lower gold forecast ( point made by Silversurfer, e.g. Gold price level).

Given the possibilities mentioned above, it seems to me that there may not be an incentive for gold prices to rise near term unless a seasonal effect kicks in ( India, China).

What are we missing?