My friends tomorrow is a big day. today nugt had a bounce of $20 which brought us to 0.382, If tomorrow we can pass $78.80 which is (0.50 fib) we will have a great chance to hit 0.618 ($85) if not there will be a pull back. However NUGT has great strength around $70-80 range. My bet is on Fib 0.786 will see.
I don't see a real bounce until Fib 1.27 ($30 range ) reached then we will have a bounce to 0.78 ($90 range)
OPtion 1: Long until 100 Fib retracement. take 1/2 partial profit and 2nd 1/2 until 1.27 Option #2 You can also take partial profit on 88.6 and 2nd 1/2 on 100. I am going option 1 BULLISH