The_Unwind
Short

DUST 3X Bear Gold ETF Near Head+ Shoulder's Breakdown !

AMEX:DUST   DIREXION SHARES ETF TRUST DLY GLD MINERS IDX BEAR 3X
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DUST, Direction's 3 X Gold Bear ETF is close to a Head and Shoulder's Breakdown,down 8% this afternoon.

That would imply a pending breakout to the upside, in the precious metal, GOLD
something that I have been writing about in the last week was a high probability.

DUST is an institutional favorite
and has large volume daily ETF volume and liquidity for the big boys to SHORT GOLD with an ETF .

Neckline Support in Dust is at just below 35.

If DUST breaks to the downside here,
then expect GOLD , to breaking out sharply to the upside,
targeting $1235-$1250 an ounce next.

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