I just bought this today. What do you usually watch to figure out the direction? the dollar and GLD ?
it should be 48now. who the hell is manipulating?
Market Down.....................Banks Down................. Dollar Down...................... GOLD UP....... VOLITALITY UP.... but still this this piece of garbage still in RED today...WHY ? any practical reason ? My view is NO whatsoever...except higher hands involved in keeping price down...damn you manipulators........
Time to dump NUGT now before a bounce back bloodbath tomorrow. I really feel for the longs here. If gold wasn't criminally manipulated, NUGT would be over 45 today. SMH
Congrats to those that sold earlier today, but I'm looking for a close today over 34 and poised for much higher.
I saw an infant yesterday wearing a gold bracelet. Demand must be up. Now get the same message to the miners and NUGT!
A little early profit taking...no worries.
DO THE MATH! Downside =$29.00 UPSIDE = $60.00 to $300.00 ++ When there is a correction And a correction is coming.
Who says NUGT isn't poised for potentially massive upward movement? I started receiving notifications from awe-some*sto-cks the other week and so far they have presented interesting new trade ideas.
Very impressive beat down today in the gold and mining industry. I wonder how much it costs to manipulate the market?
This shakeup in the WH looks like a buying opportunity to me. I be taking on another block at 32.15. Just too much bad do going on everywhere.
Nugt could very well be peaking, looking at the gold "days" chart. Wondering where to put in a stop loss. $33? Could keep going at least to $35?
GDX looks poised to run up...2% in the near term. If there is an impeachment attempt on mr T then we can expect GDX to spike to 4-6% to around 24.50, So upside from this point for NUGT is about 6% near term with potential of 15-16% in a Trump impeachment.
Don't buy this piece of garbage ETF. The Hampton multi-million boys at Direxion know their sucking anyone investors dry investing NUGT. Go to more fair ETFs. Word is getting out.
The world, the country's moral compass crumbles, but the economy is still roaring along with low unemployment numbers.
I expect a late day run up after this shelling lol
At the current gold price, NUGT should have been over $40.
SOON THE SHORTS WILL START TO GET IT GOLD IS GOING TO $1550 EVERY TIMES GOLD SELLS OFF THEY WILL BASH GOLD BUT GOLD WILL GO TO HIGHER HIGHS THE REST OF THE YEAR.
Dow weakness - miners will be laggard followers (miners are not as well correlated with the market) - so miners will fall later with subsequent weakness, .