Get started
Lanmar

Gold Miners/Gold: Divergence in Gold and Gold Miners Intraday

Long
Direxion Daily Gold Miners Index Bull 2XShares (AMEX:NUGT)  
Lanmar Updated   
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
NUGT GDX
11
3
nugt gdx
There's a divergence in both assets today. I just closed my gold short. I am buying the gold miners with aggressive trade management.
Comment:
Notice: Non-leveraged product GDX hit .618 retracement today
snapshot

Silver is down 1.11% right now.
Platinum is down 1.3% right now.
Gold is down .46% right now.
GDX is up .44% right now.
Comment:
Comment:
Hedging position now that gold broke 1217. (Short gold)
Comment:
Temporary rebound in gold miners is in motion. Notice price has stayed flat in miners while gold went from 1217 to 1204 in the same period.
Trade closed: target reached
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.