NUGT up 9% - DUST down 9% in pre market

Gold is trading back above 1310 this morning which is causing NUGT to rise 9% and DUST to drop 9%.  These two triple gold mining ETF's have been a day traders dream in 2013 due to the large swings we've been seeing.

Direxion Daily Gold Miners Bull 3X Shares (NUGT) will now have resistance around $8 which is the 50 day moving average.  Direxion Daily Gold Miners Bear 3X Shares (DUST) will have support in the low $70's and is a buy down there.

Trading DUST & NUGT is a full time job as they both have massive swings.  Always keep a tight stop and go with the one that is trading up on the day.

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