Aug 16 post:
crude vs gold: Crude winning...for now!
However UCO's daily MACD has rolled over and is at the March and April highs around $30.
Keep a close eye on the yellow metal here ($1900) as the USD is also near a double top.
BAM!
It took a week but today is starting well with UCO gaping down over 4%
and NUGT gaping up 8%
Edited by Rogerdodger, 23 August 2023 - 09:14 AM.