I think with all the turmoil gold is the safest bet. typically gold sky rockets in times of war. We are floating somewhere close to fair value. JNUG typically is hard to trade because they will do stock splits and the price changes. I remember Jnug was at 6$ just a few years ago. So just remember the price of this stock means nothing. essentially if you trading JNUG or JDST/NUGT ect. ect. your trading gold directly and its important to check out my other signals on gold. This is a good sign that we will see a bounce here. Sometimes JNUG will forecast a move for gold. The actual gold chart make take out new lows before reversing, where as here this trendline may hold.
Easy money to long here. With the JNUG ETF you aren't aloud to short unless you meet capital requirements so to short you must trade the JDST chart so the only signals technically anyone can provide here are long opportunities.
Thanks for your support everyone. Happy Trading. Please les me know any other stock/ETFs you want to see me post. Have a good week!
Beyond Technical AnalysisggoldJNUGLONGprofitsignalstradingTrend AnalysisWave Analysis

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