Replies to post #41361 on Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Trump opening his mouth again...changed everything.

Gold is getting pummeled since and USD is rising. I said if GC 1201-1202 gets taken out...it's likely to get nasty fast. Welp, here we are...

Although, really, Gold is getting killed and relatively speaking GDX/NUGT aren't getting pounded nearly as hard as they have been (as of this post, I likely just jinxed that). Gold is down 10 points on the day and GDX just now cracked yesterday's LOD by 1 penny to this point.

Clearly I have no proof, but it sure does seem like somebody got a hold of that tariff news before it was released...and that's why the pop in Gold/Miners right before it came out which trapped a bunch of people buying what looked like a 'break out'...???