Replies to post #42579 on Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Gold was due for a pullback...and in true fashion...they do it all at once.

Tagging 50 MA on 4 hour and about to tag 200 MA on hourly. I agree, we're likely to get a whipsaw bounce from here...especially with Powell set to speak in 25 minutes.

Dipping my toes in NUGT here for a trade.