BobbySpa

NUGT - looks coiled and ready to go!

Long
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
Tested smaller FIBs yesterday morning and today. Larger FIB holding. MACD and RSI looking promising. I think gold and miners ready for a little rally. Fed decision and probable future language regarding wait and see on further cuts already baked in. There will be some volatility but my bias is up for now.
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.