Replies to post #20319 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[Lowjack]

You have to give the market time to react and rotate.
Full year earnings are just now filtering in for the sector.

[JohnCM]

GOLD has not moved much over the last 12 months. $1,700 to $1,800.

With the recent unrest we have seen $1,900 with a potential top at $2,100.

I see GOLD retreating back to $1,800 but I hope $1,900 sticks, a 5% difference.

5% could translate into a 10% to 15% move in the miners within 6 months.

IMO