Buying Opportunity Coming In NUGT

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About: Direxion Daily Gold Miners Index Bull 3x Shares ETF (NUGT)
by: Individual Trader
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Individual Trader
Contrarian, gold & precious metals, dividend growth investing, newsletter provider
Summary

We believe the precious metals sector is dropping into a daily cycle low.

Short-term trades suit leveraged ETFs such as NUGT.

We analyze where the bottom may eventually occur.

Direxion Daily Gold Miners Index Bull 3X Shares (NUGT) is a leveraged ETF (300%) on a weighted index of some of the most popular gold and silver mining companies. This vehicle is best