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Comex gold futs down .6%–JNUG 34.54 Down -$7.13(17.11%)-an outsized loss

Posted by Richard640 @ 17:06 on January 28, 2015  

Given the situation…it’s probably gold up soon–maybe tomorrow–and a nice opening drop in the HUI and JNUG tomorrow would be a good risk reward buy–but I’m talkin comex gold being down at 9:30 4 or 5 or 7 bucks–not down 20-25…but as i said last week i don’t like the gold action…still don’t but I’d risk a stab on jnug tomorrow with a fairly tight stop and not hold it overnight without a nice cushion…

eom—over n out

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.