Direxion Daily Gold Miners Index Bull 2XSharesArca
Description
⋅
may eventually go back to $100+
Comments
TimZhang
⋅
When gold rebounds, NUGT head back to higher 90s or even $100.
4thewin
⋅
i thought this pull back is wave 4 on the daily. 38% reached. wave 5 should take us higher than wave 3 no?
TimZhang
⋅
Yes, it is in consolidation after a major pullback. $78-82 value buy $88 is right in the middle of center attraction. Notice Gold drops from 1258 to 1250, but GDX/NUGT went up , it shows great strength on miners.