Replies to post #23304 on Direxion Daily Gold Miners Bull 2X (NUGT)

[Letgoofmyfannie]

This morning US Industrial Production and Business Inventories were weak and we have reversed off that dip in gold to 1310 range, Market looking to CPI data tomorrow.

i'm watching 8 Day EMA on GDX at 26.76, imho if it can close above the 8 Day EMA today it could be back in play as a "trade" again as we approach the FOMC next Weds. (?)