Replies to post #45166 on Direxion Daily Gold Miners Bull 2X (NUGT)

[ReservedRisk]

If dollar keeps rallying $gold could drop to 1500 causing $NUGT to fall to 27.5. In my opinion it cant go much lower.

On the next gold rally watch NUGT. It will go down.. Just kidding that would be silly. ;^)

Only thing holding this market up is trade bs, algos trading on fluff, and fed injecting 100's of billions of our $ to their friends(#QE)..

Crazy how the dollar rallies in the short term off this junk..

#Bulltrap

Glta