The one-hour chart of April gold is back down testing the 200-period Moving Average. I don’t know how many more times gold can test that level before there is a failure.
I was stopped out of the NUGT trade with a profit just below $21.72.
The USLV position has an active stop remaing just below $76.84.
I’m going to add a little more DUST at this time (price around $17.50 currently).
I’ll post a brief update after today’s close.