That slam has come between 10:00-11:00 am the last 3 days. It is somewhat over-extended on 5 minute now, but I'm more interested in the LT TFs that are showing huge strength.
Check out daily. It appears ATM they are going to make this go high enough where the EMA 8 will come up and touch the LOD. Speculation on my part until it happens, but the bigger picture here is major bull moves.
My research says gold see saw all the way to 1350 years end, then once breaking though it could go a few hundred more until it resets in 2019, in prep for 2000 in 2020. That’s what I see. I have no idea what miners do. NUGT is always predictable. It will always do less that it was designed to do.
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