Replies to post #18919 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[ReservedRisk]

Dollar($DXY) bounce is over, markets will reflate a bit more, $GOLD will test close to 1700, $GDXJ will break $35, and $JNUG will have a short squeeze popping to a $15 test.


https://www.marketwatch.com/investing/index/dxy

Shorting here would be DUMB.

After that I see more indescriminate selling causing the dollar to explode for the last time.

That's when gold has its last real sell off to 1350-1300.

Then $GOLD goes up and doesn't stop.

Mark it.