In reference to XAUUSD falling, for the coming 5-6 weeks, NUGT is forming the forth leg of BAT or CRAB patterns, Most probably CRAB. I would keep an eye on the four targets. Tp1 almost met. My best educated guess is that DUST will reach 20$< Just above the point X
You may want to hold SHORTING NUGT at least until end of June, early July. Let us see how the price will act.
Happy trades and good luck.
You may want to hold SHORTING NUGT at least until end of June, early July. Let us see how the price will act.
Happy trades and good luck.
Trade ativo
Sorry I meant NUGT in the notes above.Trade ativo
I will not go any close to long the gold in the coming 6 weeks. GOLD and its NUGT are going down, just wait for the panic selling to start.
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