Alex, thanks for this heads up yesterday. As saw I went in 100%+ Margin off this pattern on HUI and so far it seems to be playing out. We'll see if HUI breaches 232 shortly after open I think.
I cannot give specific targets, but I believe that it has the potential for much more upside.I am all cash now pertaining to gold and miners and awaiting a better reward /risk area to buy(probable short term trade). If I was currently long NUGT I would hold and lighten up or sell all when/if we reach gold 1330 area. If I make a trade I will post . The current retrace was expected and will not invalidate gold/miners upside potential even with a further drop for gold 1215-1225. GL to you