Break Out Watch Long

AMEX:JNUG1D

Direxion Daily Junior Gold Miners Index Bull 2X SharesArca

Description

⋅ Jun 13, 2017 5:41 PM

Target $23-24

Comments

subzer0

⋅ Jun 13, 2017 5:46 PM

could be another top no? weekly gold looks bearish also, but thanks for charts great ideas

TradingMula

⋅ Jun 13, 2017 5:48 PM

@subzer0,A double top is possible if this gold accumulation is fake, however the volume over the past week suggests to me we can head to new highs

subzer0

⋅ Jun 13, 2017 5:46 PM

and if they hike rates? why wont it go down

TradingMula

⋅ Jun 17, 2017 9:18 PM

@subzer0, good call

subzer0

⋅ Jun 17, 2017 11:16 PM

@youngmula, thanks. Lets see how low it goes, for sure we are going to break the 5y downtrend line on gold very soon, when gold has momentum enough to break through. so many rejections in 5 years. Time to buggle up on jnug and gold very very soon