Late in today's trading session I saw enough evidence that gold's current 4 hour cycle was finished and likely to lead to a rally - however short term. With that assumption in place, I purchased shares of Direxion Gold Miners Bull 3X ETF (NUGT) at $21.90.
What follows are three charts:NUGT at the time of my purchaseGC 4 hour cycles overviewGC 4 hour cycles closeup
My TSI Trading Record has been updated.
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