Description
⋅ NUGT appears to be oversold as USD went on a tear after elections. Comment
⋅ USD remains ascendant and NUGT tanks with GLD down $29 today. Comment
⋅ Coming back from the dead. Taking out 10 should target 12. as RSI downtrend gets broken.
Comment
⋅ Gold remains in a powerful downtrend. . NUGT should have its upthrust to 10, then 12 when RSI downtrend is overcome.
Comment
⋅ Remains a clunker as unable to take out the RSI downtrend so far.