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DUST - The thing

Long
Direxion Daily Gold Miners Index Bear 2X Shares (AMEX:DUST)  
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AMEX:DUST   Direxion Daily Gold Miners Index Bear 2X Shares
Trend Analysis Chart Patterns Technical Indicators DUST
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trendanalysis chartpattern indicator dust
Gold is holding up quite well today despite the strong dollar and the weak euro.
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One could think the reason because gold is ignoring the dollar strength.

I think gold is just propped up to let smartmoney exit their miners positions ahead of the holiday weekend.
The dollar will break out next week and the euro is heading lower . This will move gold into its DCL or ICL next week.
DUST might print a 50-100% rally in a few days.
Commentaire:
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Nice 15% move today.
Commentaire:
Near to +5% today.
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Commentaire:
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The DUST trade is in +31,5% today. I'm going to take profits 50% of the position here and set a stop loss to 6.36.
Playing with the house's money from this point.
Trade fermée manuellement:

Idées en relation

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