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BAM! Nugt up 8% UCO down 5%

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#1 Rogerdodger



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Posted 23 August 2023 - 09:12 AM

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.




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.