Direxion Daily Gold Miners Index Bull 2XSharesArca
Huraian
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may eventually go back to $100+
Komen
TimZhang
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When gold rebounds, NUGT head back to higher 90s or even $100.
4thewin
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i thought this pull back is wave 4 on the daily. 38% reached. wave 5 should take us higher than wave 3 no?
TimZhang
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Yes, it is in consolidation after a major pullback. $78-82 value buy $88 is right in the middle of center attraction. Notice Gold drops from 1258 to 1250, but GDX/NUGT went up , it shows great strength on miners.