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UnknownUnicorn4017959

Potential breakout on gold, JNUG to 190

Long
Direxion Daily Junior Gold Miners Index Bull 2X Shares (AMEX:JNUG)  
UnknownUnicorn4017959  
AMEX:JNUG   Direxion Daily Junior Gold Miners Index Bull 2X Shares
Trend Analysis Wave Analysis Elliott Wave
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JNUG and MACD rising after every rejection off 161. Recently have had another retest of the resistance line, and have successfully broken, and maintained above the 38.2 Fibb Level. Should this hold, potential breakout in gold on the way. Alt is gold falling below the 38.2 Fibb level, and going to retest the support lows. Copyright Rohan Karunaratne.
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