$JNUG $NUGT $JDST $DUST are all trending over at stocktwits this morning as the underlying metal, gold, continues to find its footing in 2017– up another 1.6% today. Conversely, The almighty bitcoin has been smashed back below $1000.
Below you will find the current price action in gold over the past few months? Will the rally in gold continue in 2017 as Trump takes office? Vote below:
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I couldn’t believe the price action in some of the miners today. That said, given my longer-term time frame I think I’d be more comfortable seeing a higher low and those moving averages flatten out/turn higher before adding too much exposure, personally.