Last week I took notice of perhaps an opportunity to profit from the greatly oversold precious metal miners and now I believe we have further supportive evidence towards that end. The USD broke lower from its clearly defined triangle:
I believe the 200 day moving average is the USD's next stop. Should the USD break down from its 200 day moving average, then we could witness a spectacular rally lasting perhaps for a few weeks within the precious metals complex.
After a bit of frustration last week, I currently maintain a small position in NUGT at cost $11.65, and look forward towards adding to it.
Senate Intel Committee Throws Hail Mary - Trots Out "1000 Russian Trolls" That Influenced Swing States With Fake News! - Now that the *CrowdStrike* DNC election hacking report is looking more and more like a ham-handed scheme orchestrated by anti-Russia, anti-Trump factions...
32 minutes ago