NUGT - Extreme SportsAnd one more idea for the extreme sport lovers. If you want to trade GDX but the normal leverage is not enough this is the adrenalin you need. NUGT printed 1000% gains in 2015-2016. Every intermediate bottom in the miners is a new chance to make great gains here again.Longby chartwatchersUpdated 5519
NUGT: Time to get back into thisWill bounce off this fib level to price marked. Must play for me. glLongby lousyjets0
Precious Metals should rebound HIGHER very stronglyPrecious Metals, Gold & Silver, should begin an upswing over the next 20~50 days with an almost immediate upside move to above $1350 for Gold happening within the next 30 days. Silver will follow this move about 10 to 30 days after gold. The upside potential for this move in Gold is incredible. Likely targeting $1450 before mid-June and well above $1550 by July/Aug 2019. This is the move you DON'T want to miss.Longby BradMatheny115
---DIREXION---GLD----1hr Fill the gap at 16.10$ Long Buy set up!-------------------------------------------------1hr Fill the gap at 16.10$ for long Buy set up! -------------------------------------------- Text cup and handle completing... --------------------- Gold 1D 50MA has just crossed over the 200MA, and now will retest\close and escape! On the 1W cup and handle detected, looks to be going for curl! long ----------------------------- 4hr looks good 1hr RSI inverse head and shoulders 1D RSI still dropping 1D Stoch RSI needs to turn --- Gold!Longby UnknownUnicorn3811160Updated 222
NUGT bottom NUGT looks to be at the bottom. MACD on 4 hour is about to cross over to signal an uptrend. Would match RSI and Stoch RSI pathLong00:43by MICHAELGILCHRISTUpdated 222
NUGT: If you build it, it will come..Build a gold mine. I can see this going in a year time. Will initiate long calls on Monday.Longby lousyjets0
Gold Miners move down imminent.While the rally in gold miners is intact, gold miners is likely to make a significant move down in the immediate future. This affects $GDX, $NUGT, and $GDXJ. The print of the doji is pending a selloff confirmation tomorrow to start the move, which coincides with the Fibonacci time series analysis to project a move lower. Traders banking on support being held at the trendline are likely in for disapopintment. It's much more likely that gold miners will make a move lower to fill the open gap, down to the $15.50 support area as a first target, where $14.50 is a real possibility. Skilled investors should protect their miner's investments now. Short traders an enter a position pending confirmation on tomorrow's print.Shortby vergunUpdated 3
NUGT False? BreakoutI think NUGT up briefly to 21 next week, for a nice head N shoulders, then Gold down to 1200.by Hayekian_FibonacciUpdated 0
NUGTDecided to put some Golden Charts out here for you tonight and what better way than with NUGT right on the line wow! ready to go long or short with this set up based on which line she crosses. by fingmarkettrader1
NUGT oversoldI've been silent the last few days. Last trade I got stopped out for a profit. No regrets there. I'm taking a small position here, as NUGT is oversold. The red slow line in the stochastics is below 15 now. The last few times this happened in the past, a small rally occurred. I expect the same here (and this position is a hedge against market weakness). I hope this isn't a crazy oversold signal (like summer of last year where stochastic was oversold for a very long time), thus, I have a usual 10% stop-loss. Target #1 = 13-day EMA = $19.90. Let's see what happens. Stay safe out there and book profits. If you have a winning position, consider taking some off the table and protect the rest with a stop-loss. Longby DennyPUpdated 0
Tomorrow, (Wed). NUGT will Pop UP at the open.Testing out my new indicator. Early indication... NUGT will pop up on the open tomorrow, (Wed) morning.Longby trap-traderUpdated 0
Long GoldLong Gold: 1.) Lower global growth projections and limited monetary policy flexibility (rates already low/negative) 2.) Potential Head and Shoulder pattern completion on S&P 3.) China trade deal hype has been bought and priced in 4.) USD showed strength, but gold prices remain supported. Indicating buyers are coming into the market. 5.) 2, 5, 10 yr yields are all falling, indicating more money being pulled from stocks and into bonds Currently bullish on gold in the short term, medium and long term is still uncertain. Longby FireFly450Updated 112
Defensive positioningLet's see. TLT is up. VIX is up. Gold price up. DXY cannot break though 97 again. Stock market indexes neutral. I think some big money is moving into defensive positions. I'll open a position in NUGT as a hedge. Watching DXY to see if it goes higher than 97. If DXY drops from 97, NUGT should see a good return (hopefully). Longby DennyPUpdated 662
Gold mining stocks looking strong.If gold can hold up here I see a decent up in mining stocks on the cards. Sure its got strong overhead resistance but looking at 26 short term then evaluate.Longby izit2
descending triangle and hanging man looks bearishSelling pressure is strong here. Could mean a correction for the index and possibly also for gold prices which it is correlated with strongly. Gold has made short terem fresh highs above 1280 which could mean a small correction while other large index like NASDAQ and SP500 stage a recovery. by MysteriousPersian1
NUGT - Miners X 3I also want to post this chart for those who prefer the riskier investments. If GDX prints a 4.3 $ rally during the next 2 months that's a 20% profit. At the same time NUGT will print a 60-70% rally. It means by the end of October we might see NUGT at 31$. We will not reach yesterady's breakdown volume but the volume not bad so far. At the same time gold is breaking the down trendline... Longby chartwatchersUpdated 4413