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10baggerbamm
commented on a stock ·

181

$Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$ you've got a further breakdown in decay of the mining stocks even when gold does catch a bid in rallies like we saw earlier in the week the mining stocks lag behind that's because you have institutional money selling. the daily is barely holding on it literally looks like it's rolling over as of this message and your next level of support 181.30
going into this weekend with the unforeseen variables that might possibly happen with regard to the war Monday morning we could see the Dow down significantly and gold up $150 in which case you might see a nice little bounce out of these stocks but that's so far rallies are being sold not bought and I suspect that'll probably be the same you got a double top in the chart and now you have money that's exiting Gold mining stock silver mining stocks it's going back into Bitcoin it's going into stable coin like circle and money left to go in the oil trade and a lot of those people got burnt when they caught the spike and the dump
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