Direxion Daily Gold Miners Index Bear 2X SharesArca
Description
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Gold/Gold miner likely to top soon Setup a trade to short the gold miner (DUST if you use etf, or short option) Entry price today, stop loss 5-7% for DUST. Don't get me wrong this is just a pullback which afterwards I am still Long gold/silver/miners
Comment
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Keep adding more position entry price ~14.6 Target profit ~20% in 2-4 weeks. stop loss 5-7% depends on you.
Trade closed: target reached
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take 7% profit for now. Could be going higher
Trade closed: target reached
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15% profit with the rest of the position. now it's time to long gold miner/gold with little to lose