Jakk_Daws

618 Fib in new medium/long term uptrend

Long
AMEX:JNUG   Direxion Daily Junior Gold Miners Index Bull 2X Shares
spot gold has not fallen off hardly at all and miners pulled back way too much. I see a fib and great comeback today to confirm buy where I think we'll head to at least test the 12.80-13 area and if this is a longer term upswing (which I think we are in as USD will fall and S&P may reach interim high today after Trumps speech).

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.