How to Trade Gold the Best Way, Hands Down
Gold has been on a tear…
In case you didn’t know, it is up 24% year to date – versus a flat S&P 500.
That alone has made gold one of the very best tradable asset classes on the entire market right now.
Yes, you heard me correctly…
Right now, gold is more tradable than tech stocks, the stay-at-home names, or even biotech and vaccine ETFs.
Now, I admit…
Never in a million years would I have thought I’d be saying these words.
After all, I’ve been trading for over 20 years – and gold has always been tricky for me.
But not anymore…
You see, in The War Room, Karim and I have been masterfully trading gold – hitting a total of 25 winners in 2020.
And we don’t expect that trend to stop anytime soon.
Why am I so confident?
Because the trading patterns of the Direxion Daily Gold Miners Index Bull 2X Shares ETF (NYSE: NUGT) make it ripe for more daily trading winners.
Created in 2010, the Direxion Daily Gold Miners ETF is designed to return twice the daily performance of the NYSE Arca Gold Miners Index.
It’s leveraged to gold mining companies and to a lesser extent silver mining companies in both developed and emerging markets.
And if you look at the two-year chart below, you’ll see that it makes huge intraday moves.
This past March, for example, it was $200. Then in April, it fell to $30. And now in late July, it’s back above $110.
Moves like these are why it’s such a great trading vehicle – and why War Room members are making so much trading it.
James pocketed thousands trading this stock overnight…
“Thanks Bryan… $3,800 profit overnight on NUGT.” – James T.
Jock made more than $16,000…
“It’s time to THANK Bryan again. Last month I rolled back into NUGT at $5.17. At month end I bought 50 more at $0.85 and just sold all 60 at $3.80 for a profit of $16,529 (264%). THX.” – Jock B.
Ray made 127%…
“NUGT 4 contracts in at $4.80 out at $10.90 for 127% $2,440 gain, thanks.” – Ray T.
James made $1,755…
“In $4.81 out $10.65 for a $1,755 profit. Nice way to start the week, thanks guys!” – James T.
Alice woke up this morning and made 121%…
“NUGT in at $6 out at $13.28. WOW MONDAY!” – Alice R.
I could list tons more, but you get the point…
Here’s the big takeaway…
Action Plan: The Direxion Daily Gold Miners ETF isn’t a buy-and-hold proposition. It’s a way to trade gold – quickly and effectively – for short-term gains.
If you want a way to trade gold higher – or lower – making fast profits along the way, the Direxion Daily Gold Miners ETF represents the very best gold trading vehicle available right now.
Don’t know when to buy and sell? That’s exactly what we tell you – in real time – in The War Room! Join me today – and we’ll guarantee you 300 winners!
P.S. Take Profits Alert! Our position on Ferrari (NYSE: RACE) is up 17.7%. Let’s safely take profits on HALF of that position and hold the remainder for more upside. now and hold remainder.
About Bryan Bottarelli
Bryan graduated with a business degree from the highly rated Indiana University Kelley School of Business, and his first job out of college was trading stock options on the floor of the Chicago Board Options Exchange. He was mentored by some of the country’s top floor traders in the heart of the technology boom from 1999 to 2000, where he learned to identify and implement some of his most powerful trading secrets. Now he shares his secrets with a group of elite traders. We will be republishing some of his highly sought after content from his free e-letter, Trade of the Day.