Replies to post #4326 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[JV44]

Split has occurred

[Marketwise]

Now down to 18.94 (189.40 pre split) and appears to possibly have further to fall. Gold was due for a serious correction. Now it is here and taking miners, JNUG and NUGT down hard with it. Gold could go as low as to test the 1225 area but we shall see. I would tread lightly at this point if accumulating at these levels, imo. Could see that retracement in gold come in September setting up for an end of year rally but again just speculation on my part at this point.