Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) Stock Forum and Discussion

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NUGT Direxion Daily Gold Miners Index Bull 2X Shares

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61.440
+2.800+4.77%

Close Mar 27 16:00 ET

61.887High59.360Low

Mark Livermore

Mar 13 21:42

13/3/25

SSRM
Moved SL to BE.
day
NUGT
took NUGT with 15% size and 0.127% risk of capital.
day
3mins

Jessica Amir

Feb 14 12:11

Columns Gold could rally another 80%+. Stocks and ETFs to consider that are outperforming Nasdaq stocks and are up 100%

GOLD hit record of $2,943 for the first ever every in history this week. But if you think you missed out on gold’s record rally this is for you. Gold is only up 13% up since Fed ushered in rate cuts. Here is why you could see another 80%+ gain in gold with the gold stocks and ETFs for you to consider
China freed up US$27 billion from insurers to buy gold. This comes at a time when Chin...

https://youtu.be/Hb9GIxlmpYA

From YouTube

Trump 2.0 Era: How will global markets evolve?

Jessica Amir

Feb 13 12:31

Columns China frees up $27 billion to buy gold. But Gold is only up 13% up since Fed ushered in rate cuts. Here is why you could see another 80%+ gain in gold

China freed up US$27 billion from insurers to buy gold. This comes at a time when China’s central bank itself resumed buying gold reserves after a six-month halt. Before that, China was on an 18-month gold-buying spree. This double whammy of China embarking on a gold buying spree will likely drive up gold prices. Here's 6 #GOLD considerations...
🥇 ...

Gold prices hit new highs again! How should we allocate various assets?

Risky Investor

Feb 12 23:46

I have effectively closed the DBS position. Currently, I am looking forward to adding Cameco

$Cameco (CCJ.US)$

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104804981

Feb 12 06:28

Finally close position. Its been a while. $Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$

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Moomoo News AU

Jan 14 14:33

Columns Gold continues to shine: Seizing certainty amid volatility

$Gold Futures(JUN5) (GCmain.US)$ remained around $2,690 per ounce on Monday, January 13th, holding near its highest level in nearly four weeks. The price of gold achieved a four-week winning streak last week, closing up 1.88% at $2,689.60 per ounce, marking the longest rising trend in over a month. Despite the continued strength of the US dollar and the persistent rise in US Treasury yields, gold has still managed to rise against the trend...

10baggerbamm

Jan 13 23:49

$Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$ so of course gold's down $37 this morning because why again oh yeah it's risk off that's why they're selling stocks down right oh wait a second then you should be buying gold
oh wait it's because Trump is going to negotiate peace in the Middle East and that triggers a risk off scenario right and you don't need gold as a hedge when it's risk off.. right?
do you see a problem with this I do it's called manipulation from the Federal reser...

Fat ginger cat

Jan 7 22:42

$Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$ nice gain

10baggerbamm

Jan 6 21:58

$Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$ this is interesting you got gold dumping this morning yet this ETF is trading up pre-market

Fat ginger cat : leave before 2 p.m.?

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10baggerbamm OP Fat ginger cat : this is the second day above the 20-day moving average to the upside yesterday it didn't close above the 20-day because the market dumped.
I think if we catch a rally in the 10-year meaning the yields drop gold's going to fall which means this basket will correct lower.
if the 10-year continues to spike gold's going to go up with it as a safe haven in which case this ETF rises
I know that's not giving you an answer that you want and that's because we're dealing in such short term movements now it almost becomes a crapshoot if you bought it and you're up several dollars take your money and run do not leave profits in this basket take all the money out and go.
you have to understand that when Trump gets in office gold is going to have some wild swings ahead of it.
he said yesterday at the q&A if when he gets in office and he does not mean day one because he corrected the reporter who said when you get an office your first day he says no when I am in office..
if Iran hasn't released those hostages they will have hell to pay .
gold is going to rally if I ran does not release these hostages before he is in the office like the day before everyone's going to wait for that 12:00 midnight clock to strike
I think you're going to see gold up $20 $30 maybe on a spike if they release the hostages gold's going to drop because Trump will bomb the shit out of Iran he'll send cruise missiles the ships are outside the waters still protecting Israel he'll have a mission and he'll take out key infrastructure or or he will put so many sanctions against Iran through China and Russia and everybody they're selling oil to he'll lay the law down if you buy any oil from Iran we are going to put tariffs on everything we will break your country economically so Trump has the ability to bomb a country with missiles or bomb them economically with negotiating from a position of strength with the world leaders that are doing business with Iran.
so there's going to be big swings in the price of gold and this ETF potentially the day before he's in office if hostages are released or not and the first week depending upon what's going to happen what will he say he is going to do to Iran if they haven't released hostages.
that's like playing a roulette wheel and you can be on the right side of the move or the wrong side and that gets more to gambling than looking at a chart and saying it's in an upward trend it's on a support.
so if you're at a point of a nice profit take it now because what's going to happen leading up to this inauguration and could be the first week could be the second week is going to move gold wildly it could be $100 swing and if you're on the wrong side of this trade with this ETF you're going to get screwed bad

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Fat ginger cat 10baggerbamm OP : yeah I think fed’s meeting report is gonna be hawkish

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10baggerbamm OP Fat ginger cat : absolutely

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modest Narwhal_1005 10baggerbamm OP : Thanks for the work. This is a blessing to understand how I can hedge with this.

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10baggerbamm

Jan 2 22:39

$Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$ yippee

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