Here is a quick video regarding my gold position. Here you will see I have bought the gold etf nugt. I believe we are starting to see the early stages of a break out. If nugt does in fact break out soon there is some good profit potential on this etf. I hope you guys enjoy the vieo
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Join Our Private Trading Group Here | Save 20% | Coupon: "20percent" https://bit.ly/2wsEYAH
Download Stock Scanners : https://bit.ly/2HtwiA5
Boiler Room Trading Facebook Group | https://bit.ly/2ogXcBd
Free Trading Chat Room | https://discord.gg/8gMUW8T
Join Me On Instagram | https://bit.ly/2Pf5jd4
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
Hello sir now the NUGT is down $8 what is the chance for NUGT to come back at $30?
This thing crashed with the market
you were completely wrong – do you pay thumbs up farms in china?
Nugt crashed sell all nugt
What happened today with NUGT
Lmt, uvxy, tesla should bounce hard
damn I missed the move. I hope there's still room.
Very nice trade the will go higher believe.
Thank you Connor!
If you pull up the gold futures, you can see on the daily chart by making a horizontal line at the current RSI level (88.59) you will see that gold is at historical overbought levels where every time we hit this area or poked just a hair above we got a pullback. It has only hit this overbought reading two times in over 50 years of data. We also have weekly bearish divergence and bearish divergence on 4HR & 1HR time frames as well. Gold also still has not formed a daily higher low since it's break out also and warrants some caution until then with all the historical levels and divergences imo
You going live tomorow? What is your schedule for live scanners?
Silver plays a big part too and it has been lagging behind gold a bit. If you look at GDX holdings, they have a lot of silver miners in their portfolio. Just something to keep an eye on too.
Thank you. This is one I am studying; I still haven't traded yet.
Made 80 dollars broo thank u
I would think that the previous $1552 high in gold that made NUGT reach $45 would be at approx same or higher price now that gold is $1570
Thanks 4 da video!
I snagged a few shares at what I think that is mini cup & handle on NUGT 35.45 on the simulator
How far out is your contracts and what strike price?