NUGT Direxion Daily Gold Miners Index Bull 2X Shares

$NUGT $GLD Let's keep it simple. Gold at $4650 in two months will give us$225 this instrument. Let's get there or more. Glta

$NUGT Gold has failed to reclaim the $4,250–$4,260 level more than three times. A retest of $3,970 looks increasingly likely on the horizon but we are approaching a bottom.

$NUGT market stated to price in another rate hike. I will continue to load during these big dips because this will likely be $230+ BY January 2027.

$NUGT isn’t this draw down in gold actually a sign of lower inflation? If gold is the hedge against inflation over millennia it seems true inflation must have peaked with gold last December or so?

$NUGT $GLD next stop 139, then a bounce may come, hope rates go down, and it goes back to 175 near term.

$NUGT $DUST Appears that miners will rebound inspite of a stronger dollar and higher yields. Gold will probably move up against conventional wisdom as a hedge against inflation perhaps. As for oil, it is critically inportant as a measure of geopolitical stability and economic activity. With AI/Super Intelligence, sure living in a unique time. Glta

$NUGT looks like the market started to realize that rate hike is going to be positive for metals since the financial system is broken and more money will be printed. I call this uncertainities which is the bullish environment for metals.