Direxion Daily Junior Gold Miners Index Bull 2X SharesArca
Description
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JNUG and MACD rising after every rejection off 161. Recently have had another retest of the resistance line, and have successfully broken, and maintained above the 38.2 Fibb Level. Should this hold, potential breakout in gold on the way. Alt is gold falling below the 38.2 Fibb level, and going to retest the support lows. Copyright Rohan Karunaratne.