AMEX:JNUG   DIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 3X SHARES
138 0 6
RSI Positive Divergence from 11/11 to 11/25. With GOLD             forming a doji on 11/25 may indicate that a near term reversal will happen. Expecting a rise up to the next Fed fund rate decision in mid December, will either break the longer term down trend at that date, or continue lower. Opposed to classical thinking where the raising of rates will lower the price of Gold             there is a possibility in my mind where it actually increases the price as funds are pulled from the Bond markets and invested in other markets, with possible amplification in Gold             due to economic uncertainty of a Bond Market Crash, and this may be why the Fed keeps pushing the line to increase rates, they need to deflate the bond market first.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out