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 better price action in an upward facing megaphone pattern...
Holding 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
Gold mining companies are a lot more volatile than gold.
Direxion Daily Gold Miners Index Bull 2X seems a lot more intense and dangerous than TQQQ ProShares UltraPro QQQ ETF.
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 !!
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
Look daily stoch on bottom starting turn up look selling vol getting less sitting on support 22.35
Neutral pattern until broken. No recommendation. Possible stop under 20.30.
Look 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
The fund invests at least 80% of its net assets in financial instruments. The index is comprised of publicly traded companies operating globally in both developed and emerging markets, and are primarily involved in gold mining and silver mining.
The index is comprised of publicly traded companies operating globally in both developed and emerging markets, and are primarily involved in gold mining and silver mining. It is not diversified.
Trend is definitely bearish, stay short as long as red line stays red, when it turns green go long. Follow price, it will dictate the decisions. Not financial advice.
The index is comprised of publicly traded companies operating globally in both developed and emerging markets, and are primarily involved in gold mining and silver mining. It is not diversified.
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the NYSE Arca Gold Miners index. The index is comprised of publicly traded companies primarily involved in gold mining and silver mining.
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the NYSE Arca Gold Miners index. The index is comprised of publicly traded companies primarily involved in gold mining and silver mining.
Just bounced off support, trendlines point to upward move. Low risk , stop just below 50.00. Not financial advice.
Look for the breakout above the red line on the 4hr time frame, try to capture the gap fill.