Replies to post #43065 on Direxion Daily Gold Miners Bull 2X (NUGT)

[weazelboy]

Guess we got the answer. Gold gets pummeled within minutes of me asking if both USD/Gold could be right.

Fake B/O on flag and then instant slam. Way o/s, but MACD still pointing down and below zero...so this could just be a mini-bounce back to EMA 8. I'm exercising a little more patience ATM to see if it proves itself. I have a target of 200 MA for possible entry. GL!