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GLD And Gold Miners Had A Great Day

|Includes:AUMN, SPDR Gold Trust ETF (GLD), NUGT

GLD, as I expected, successfully tested its double bottom today. May see 156.00+ again in coming days:

Once again, buying at open gap down at strong support proved to be a valid short term trading strategy.

NUGT - It gaped down at $4.77, which proved to be a very good entry price and it had a great day, up 15.30% and more to come:

AUMN - Finally it closed with good run after five big down days. Shorts tried very hard to bring it down as much as possible. It successfully tested a double bottom and then a break-out today. Up 13% from its bottom today. $2.16 should be served as its near term lows.

See 5-minute chart:

Disclosure: I am long NUGT, AUMN.

Stocks: GLD, NUGT, AUMN