GOLDGold has a reverse head and shoulders pattern, which is extremely bullish and the beginning of a golden cross
Key stats
About Direxion Daily Gold Miners Index Bull 2XShares
Expense ratio
1.18%
Home page
Inception date
Dec 8, 2010
ISIN
US25460G7815
NUGT is a 2x leveraged bet on the NYSE Arca Gold Miners Indexa market-cap-weighted index of large gold and silver mining firms. Like most leveraged and inverse products, it's designed to provide a 1-day bet on the index. As such, NUGT is designed to be held for no more than one trading day. For longer periods, the effects of compounding may cause it to drift (sometimes greatly) from the 200% exposure it promises to provide to the NYSE Arca Gold Miners Index. Since NUGT is designed for daily use, the trading costs are of greater importance. Prior to March 31, 2020, the fund provided 3x daily exposure to the same index.
Classification
What's in the fund
Exposure type
ETF
Cash
Stock breakdown by region
GOLD vs NASDAQ- Which is better ?Over a period of time what is better to trade and invest in a gold futures based ETF or instead
the TQQQ , a leveraged and popular ETF tracking the NAS100 and NASDAQ. To analyse, this
I put NUGT on the daily chart and superimposed the price action of TQQQ.
Starting one year ago, NUGT had the be
long NUGT 32.30Holding support 32.00
I am early if u look daily stoch heading down
Long small shares shares waiting add
Look weekly on bottom. Watch dollar drop gold take off
Direxion Daily Gold Miners Index Bull 2X Shares is EXTREME!!!Direxion Daily Gold Miners Index Bull 2X seems a lot more intense and dangerous than TQQQ ProShares UltraPro QQQ ETF.
Gol minersETF - NUGT Gold miners are heading north with the gold moving up. Targets are $44 and $52 .
Sell it when it break the trend line and moving ave !!
NUGT: 3X in 6 months?This leveraged Gold Miner looks poised to take off.
Enter now 28
Stop: if it hits blue line below
Limit If it hits blue line above
Long NUGT @ 22.46Look daily stoch on bottom
starting turn up look selling vol getting less
sitting on support 22.35
Long NUGT 20.05Look daily and look weekly stoch turning up
We hit 50 day MA It may act like resistance once we get over and hold it and it acts as support boom
Look vol not bad
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