AMEX:JNUG   Direxion Daily Junior Gold Miners Index Bull 2X Shares
It look like we are in a wedge inside of a developing bear flag. That being said, we could visit the upper part of that bear flag tomorrow at the $9 range before the next drop. The dollar looks like it wants to at least test the top of the break out area. So be ready for a short term pop.
Comment:
We bounced off the top of a mega phone pattern for the dollar. I am not so sure if we are ready to drop yet, but when it does, look out below 90. And Gold should shoot sky high.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.