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Xiamos
26 Jan 2017 pukul 02.45

NUGT long Panjang

Direxion Daily Gold Miners Index Bull 2XSharesArca

Huraian

as inflation rises and interest rates may not rise comparably, there is, apart from the averall stock market, one who benefits from the process of dispossession: Gold. 2017 could be the year that lifts Gold and other commodities tremendous.

I see a good chance for NUGT to break down through that recent uptrendline, squeezing traders out just to turn then back up into new local highs. I would most certainly be a buyer in the low 9.xx area

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I went long NUGT and closed my position with a small gain today as Gold was reversing too strongly. Keep NUGT on watch
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