Basic idea that gold may go bullish soon. Nugt hit the 50 SMA daily today and bounced negative. Still, I think gold should go bullish shortly and nugt should go towards the 200 sma daily. They're blaming a fat finger trade on gold decreasing in price. I guess they ran out of other things to blame it on. Comical!
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Price went through stop and I don't see any bullishness on the one hour chart today. This idea is broken and needs to be reworked.