Last week, we decided to exit JNUG even though it didn’t hit our stop. Our hope was that we would have an opportunity to re-enter the same trade at a lower price. The strength in the USD gave us an opportunity to purchase our position back at a lower price, so today we purchased our 20% position back at $13.54. We believe that the Intermediate Cycle low is very close in gold, but it might … read more Trade Alert
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