Replies to post #20755 on Direxion Daily Gold Miners Bull 2X (NUGT)

[jsanchez311]

The UK leaving the EU would cause a fair amount of global uncertainty, sending the gold price way up. Back to where it should have stayed last week after the Fed meeting. If Brexit doesn't happen, some tension should subside sending the gold price down temporarily. I'm not saying it's going to stay down forever. But we'd probably be looking at the gold price to hit the 1240's again and start climbing from there.