Can't tell if gold is going to breakout or fall back. Seems to be at a pivoting point.
dust or nugt monday? hmm c and bac keep spy upper not letting gdx punch up 26... on the other hand 2yr gold chart looks like buy gold...decisions decisions
I am thinking dust may bite the dust this week. I wouldn't be surprised if it has a couple of -20% days this week. May hit low 60s. Could be a good entry point.
Agree. Gold futures up big. Looks like NUGT is the way to go this week but I will be watching for an entry into dust. I think NUGT will fill the gap to 8.00. Also, watching NEM who reports on TH.
I'm getting ready again for entry. Looking for near term toppiness in miners(GDX) yet, then will act again.
WOW....I think I hear crickets chirping.