Going for Gold

٢٨ أغسطس ٢٠١٨

I am not going to draw any lines on this chart but just to say that after the Jackson Hole surge on Friday, a solid follow through has failed to emerge on gold. The $1,200 psychological level is right here and right now. If this level holds, buy NUGT, JNUG or UGL (or GLD if you want slow and steady), but if it breaks, you may want to consider DUST or GLL. Review recent support and resistance levels above and below $1,200 for exit points of your triples. I suggest KITCO historical charts.