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Swing_Trader
May 10, 2016 12:51 AM

Dust to test 1.35 resistance again  Long

Direxion Daily Gold Miners Index Bear 2X SharesArca

Description

Gold is starting to weaken but still might have some time left this is how I think it could possibly play out.

Comment

getting ready to make its move up.
Comments
courageousone
King Trader, good call on DUST. How high do you see DUST going or how low can gold go on this move down? Do you see gold going below $1000 in 2017? Thanks in advance.
Swing_Trader
Well I would not take it to 2017 just because there are to many things that could happen but for the near term next month or 2 this is what I think gold would do using the fib levels thank you for the support.
Swing_Trader
O ya lol Dust maybe short target $4 longer target $8 just have to see how it plays out.
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