Madrid
Long

Positive Momentum Divergence and Uptrend Continuation

AMEX:NUGT   DIREXION SHARES ETF TRUST DAILY GLD MINERS INDX BULL 3X SHS(P/S)
A positive momentum divergence ignited the uptrend channel we see in the gold market. After the drop it had yesterday we saw the support held right at the bottom of the channel, which is a bullish signal. Continuing on this direction a target of 21 is on the radar once the resistance is broken to the upside.
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