Replies to post #45454 on Direxion Daily Gold Miners Bull 2X (NUGT)

[ReservedRisk]

Showing strength.. Long/heavy $ knows where this is going.. ;^)

Bow to the 'fed' and trade your 5 min technicals..;^)

Follow FUNDAMENTALS & weekly charts if you know how..

Amen.

[nyy13]

Not nugt. Gold at $1349, nugt $37. Last time gold hit $1349, nugt was $42. Brutal

[ReservedRisk]

$NUGT people need to start thinking in a long term frame of mind before the heard does.

You will make big $ if you've got the stomach and hold your trading instincts.

Instead of min to min, hr to hr, even day by day. People look at a weekly and or monthly charts..

I honestly don't understand why people think this will just sit here forever when gold reaches back up towards 1900..

Eventually gold will break 1900. My guess is 2021.

I get so mad when I hear something I think is wrong. Kind of a a$$hole..
(Must have aspergers or something)

Have a good weekend next week WILL be interesting.

Glta

[ReservedRisk]

Why $GDX/$NUGT is down.


Watch 21-25:30 min mark in on why GDX is where it is..

Same zeitgeist. ;^)

$NUGT short term traders see resistance that they think will be too much for $gold. They will be replaced with stronger hands trading fundamentals. When gold breaks resistance the 'charters' flow back in and take us to $40+ in Jan.

Glta