Replies to post #45161 on Direxion Daily Gold Miners Bull 2X (NUGT)

[Citrati]

LOL, you get the SNL comedy award for the day.

[trunkmonk]

I think epicenter of wave 3 has begun for gold. But I don’t know if NUGT will move much higher ever.

[ReservedRisk]

Hmm.. They're both down.. Let me think.



Is gold supposed to go down and NUGT supposed to go up? Haha



Critical think.. Why would traders be nervous to jump in? Think leverage + Uncertanty = NUGT price action

Now think gold breaks 1550..

Maybe majority don't know if this past move in gold is real and think gold price is about to fall and need further reinforcement to support a perspective of higher gold prices.. Then think miners income.. Lmao

Fortunately for me, I know the move is real.

You honestly think once the gold move is confirmed and breaks past 1550 NUGT will what be down compared to gold..?

Looking for $29 NUGT if possible.