The Turn in Gold?

by JDH on April 7, 2018

Could be.  I don’t know, but it could be.

NUGT performed well last week, and this week will be a turning point, as either the uptrend or downtrend line will be violated, which should tell us what happens next.

We are entering a seasonally good time for gold, so my bet would be on a move to the upside, but who knows.

Keep your powder dry.

I have a position of about half the size I would normally take, so if it goes up, I’m happy, and if it doesn’t, I’m not crushed.

We shall see.

(If I get time, I’ll write a report with a prediction on when Tesla will go bankrupt.  Stay tuned for that).

The Forum is broken, so feel free to leave your comments here on the blog.

Thanks, and see you next week.