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scottg1018
Sep 9, 2019 8:52 PM

DUST - LONG  Long

Direxion Daily Gold Miners Index Bear 2X SharesArca

Description

Symbol: DUST
Position: +200Long
Entry : $7.69
TP: $10.5
Stop Loss: $6.68 (1.5x10DAY ATR)
R/R: 2.47x
Notional Risk: $202
Technical: Trend reversal Multi-day RSI divergence. I'm looking for GOLD prices to tuck back under 1500 the bleed off to July prices. Running a tight initial stop as I'm a bit late to the party.

Comment

Closed the position at $8.59 EOD 9/13/19
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