NUGTDemand zone on daily chart for NUGT at same level as former resistance which should now act as a support level. Entry: $126.12 Stop Loss: 110.02 Target 1: $148.5Longby PdunuwilaPublished 1
buying the dip on NUGTlooked oversold today and I am hoping for a bounce by friday. limited downside with a lot of upside potential.Longby dmartin22Published 771
$NUGT - bull flag has formed on hourly chartNUGT tagged the R-line of a 6-day bull flag. Could rollover but indicators suggest breakout potential here. Longby CarrPublished 2
shakenout seems it wants to come back down and restestprevious resistence where the break out happened .... any ideas are vere wlcome , cheers !Shortby dafenixtraderPublished 3
Short goldMACD has worked very good for me in the past in the long term Shortby wafflehouseinthe212Published 4
NUGT - Where is the rally ? GDX, NUGT, GDXJ, JNUG were in a sell off mode on Friday. Not only the dollar is decoupling gold but goldminers also. This is strange... While gold is printing a good rally miners are printing a bearish pin bar. They should follow gold . DUST is the inverse fung of NUGT I post this chart because I know a lot of you are in DUST and JDST. Next week will be very important. It will give us the answer for DUST also... I still think that we have have one more leg down in GDX,GDXJ,NUGT,JNUG and one more leg up in the inverse funds (DUST, JDST). Watch the RSI. It's leaving overbought levels. In the past this move always predicted that ugly things are coming. This also supports my idea that gold's rally is a nice artificial move. Do the big players know something what we don't??? Is this the reason they were selling miners after the breakout from the flag instead of buying more as gold is in a rally mode??? Next week will give the answer. I'm not going to short NUGT just set the idea as a short to show the direction.Shortby chartwatchersPublished 131336
NUGTDirectional bias is super bullish with daily 1SD / $9.50 ish! Idea for quick daily trade. Target 1 : $116. I'll close 1/2 of my position here. Target 2: $120. if re-test is failed, I'll close all my positions or sell short call here and buy it back @ $116. If it break-out, keep the runner + buy call and sell @ $130. by ArgenineUpdated 1
$GDX heading lowerthis daily uptrend is about to break, be careful with it $DUST $JDSTby TimZhangPublished 2
Chart tells the story NUGT FEDWhat will happen to Nugt if Fed raise rates. Longby Swing_TraderPublished 445
NUGT price projectionWaiting on a bounce up in Gold. Please bare in mind that NUGT/JNUG are extremely volatile to trade but money makers nevertheless - trade at your own risk! Longby NightstarUpdated 774
NUGT, DIn reference to XAUUSD falling, for the coming 5-6 weeks, NUGT is forming the forth leg of BAT or CRAB patterns, Most probably CRAB. I would keep an eye on the four targets. Tp1 almost met. My best educated guess is that DUST will reach 20$< Just above the point X You may want to hold SHORTING NUGT at least until end of June, early July. Let us see how the price will act. Happy trades and good luck.Shortby saif12Updated 224
NUGTWith Gold correcting I can see a Bullish Bat pattern playing out. If the pattern fills, we can expect a low of $59 and then a 50% retracement higher to the $85 area or 44% gain. Wait for it to breach $59, then buy. Take the DUST trade now, IF you feel comfortable with the 3x. by bhowePublished 1
descending triangle forming nugtLooks like nugget is forming a descending Triangle pattern if the price breaks below the $85 level it will send it down towards the $60 range I will be keeping an eye on gold to see how this plays out. Shortby Swing_TraderUpdated 2
bought AT $78-79Buy on panic sell, the panic index is all year high (see chart), best time to get in.Longby TimZhangPublished 0