Replies to post #10896 on Direxion Daily Gold Miners Bull 2X (NUGT)

[Nightridertwou]

Nonfarm payolls 248,000 Unemployment rate 5.9% Private payrolls 236,000. Market flys up gold will dive like a rock. They sure painting a pretty picture for the end of the QE this month.

[mannken]

1180 is the Fib

1184 is the Jan low

Watching the DOW also, to see if it breaks back through 17k

If 1180 breaks down on Gold into close, more than likely I will cut my Nugt position and sideline, but I'm more willing to buy blood in the street

Just depends on if gold holds 1180/90 before making any trade decisions