We sold our remaining shares of NUGT at $31.20.The reasons we decided to lock in our profits are as follows: Gold is right at its 50DMA which often acts as resistance. The USD is right at a support level. If it bounces here, it could put downward pressure on the price of gold. The USD is typically INVERSELY correlated with the price of gold. The Yen is battling its 50DMA and is POSITIVELY correlated with … read more Trade Alert