Arete-HI

Gold's Tug of War with Interest Rates Hike on Miners

Long
Arete-HI Updated   
CAPITALCOM:JNUG   Direxion Daily Junior Gold Miners Index Bull 2X Shares (Extended Hours)
A pattern has emerged since June which if continue would be a quick dead cat bounce to 58-60, and then follow downwards to 45 slower.
Comment:
closed trade at market open, I have habit of closing winning trades early, but best safe than sorry.
Comment:
may reenter trade if market looks to test 49-50 again.

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