Comex gold is down a. mere .4% [point 4%] & JNUG is down 9%–also silver is not leading…it’s down 3 cents-I like that earl is up $1.44…this set up has. almost always been a good risk/reward situation—DYOD-JMO-ETC
P.S.—on days. like these gold usually ends on the lows–so I do not expect. a late session bounce…looking. for tomorrow and following. days for gold to get its footing and start a move up…I am NOT talking about THEE “bottoms in”–but just a tradable bounce-if it’s something more, so much the better–I have not bought yet-I might do it just before the close, as is my want…
there is risk–JNUG just took out the March lows at $9—next stop the late Jan. lows at 8.16