Direxion Daily Gold Miners Index Bull 2XSharesArca
Description
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NUGT is forming a round up pattern, looking to complete at the old high of $41.5 range. It had a strong day movement upward as it closed over the 9 and 20 day moving averages. Looking for this to keep its momentum for a potential 12% move, being that this is 3x Gold ETF mover I expect it to happen in the next several days with the low of today as my stop alert.