01Apr11:56 amEST

Back in the Gold Game; Chess Moves

I went long NUGT at $10.31 with a protective stop-loss below $9.70. 

NUGT is the triple-long gold miner ETF. 

As I mentioned in my last blog post, gold miners are impressive today, including the likes of ABX. There re many potential double-bottoms in the space, to the point where I am taking a shot at another tradable bounce, of which there have been plenty of profitable ones in recent years despite the long-term bear market (bear market usually feature some of the most vicious rallies). 

I will update this idea with a chart in a bit.  

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