AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
Gold has soared and broken downside consolidation & resistance based on what will eventually be a double cut (ECB/Fed) cut in September contingent on an extreme escalation in the USA-China trade war.

I will refrain from going into too much detail for my reasons and the specifics to avoid redundancy. Please check my numerous and incredibly accurate predictions on Gold in my profile.

My Monday target is 44.91 as a conservative value which represents a further 10.96% increase from Friday. A potential (but not for certain) target will be 47.38.

The race to the bottom for currency is on. Long Gold/Silver in a big way.

- zSplit
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