$NUGT appears to be oversold as $USD went on a tear after elections.
Kommentar:
USD remains ascendant and $NUGT tanks with $GLD down $29 today.
Kommentar:
Coming back from the dead. Taking out 10 should target 12. as RSI downtrend gets broken.
Kommentar:
Gold remains in a powerful downtrend. . NUGT should have its upthrust to 10, then 12 when RSI downtrend is overcome.
Kommentar:
Remains a clunker as unable to take out the RSI downtrend so far.