Wednesday, August 20, 2014

Trade Idea (Swing) NUGT Long

The past few days GLD and GDX have shown some positive signals, I believe both will bounce shortly, I'll be entering a trading position in NUGT long (3x long Gold Miners).

I think GLD will bounce here as well, I just don't like the leveraged ETFs for GLD and this isn't the type of call set-up that I look for.

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