AMEX:NUGT   DIREXION DAILY GOLD MINERS INDEX BULL 3X SHARES
90 2 3
In reference to XAUUSD             falling, for the coming 5-6 weeks, NUGT             is forming the forth leg of BAT or CRAB patterns, Most probably CRAB . I would keep an eye on the four targets. Tp1 almost met. My best educated guess is that DUST will reach 20$< Just above the point X
You may want to hold SHORTING NUGT             at least until end of June, early July. Let us see how the price will act.
Happy trades and good luck.
Trade active: Sorry I meant NUGT in the notes above.
Trade active: I will not go any close to long the gold in the coming 6 weeks.
GOLD and its NUGT are going down, just wait for the panic selling to start.
Yes Ouch,
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Ouch!
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