Replies to post #40986 on Direxion Daily Gold Miners Bull 2X (NUGT)

[trunkmonk]

It’s another catalyst.

[weazelboy]

On the brink of breaking the descending TL of highest points in current downtrend. If this breaks/holds...major pop ahead in coming days. I'll also point out, on this 4 hour, gold has not even touched the 200 MA in 289 periods and counting.

Remember, last Fed meeting had minimal market effect for the first time in a long time. So, I'd say in "theory", the minutes should have similar effect. We'll see.