BOUGHT NUGT at 5.74

By ON92
Uppdaterad
GOLD will enter consolidation state next week, for a week or two, according to RSI and the graph.
Altough i'm not expecting it to shine the next few weeks as we were told about few more rate hikes in the following year.
entered in small amount, if Monday will be green, I'll add.
Handel aktiv
Although NUGT has made some nice profits (10%) as GDX got ahead of gold,
The Trade has just started as it finally brokes the trendline today.
Expecting it to got to the 29 MA before it will decline.

Trade with caution.
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snapshot
GoldLONGNUGTXAUUSD

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