Replies to post #14209 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[Sendme]

I normally don’t like to place any trade or stops within the first 30 minutes of market open, but I wasn’t able to be by the computer this morning so I did at 12.96. LOL

Gold is still consolidating so didn’t want a big surprise when I checked back. Pretty much knew what was going to happen.

Oh well, lived to trade another day.

There is a lot of different opinions about gold going up if the market crashes so I thought I would compare what happened to gold when the last 2 market crashes happened, gold sold off both times, but not as bad as the 50% that the market dropped.

Gold has been struggling for almost 2 years to break the 1370 price, until that happens, trying to be cautious is all.

Best of luck