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DannyFoss

Long DUST

Long
VanEck Gold Miners ETF (AMEX:GDX)  
DannyFoss  
AMEX:GDX   VanEck Gold Miners ETF
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
As GDXJ reaches its resistances, shorting the miners in a long DUST position for the short term. The narrative is strong for a continuation in GDX due to inflation, but expecting headwinds in GDXJ approaching rate hikes. Mainly a reversion to the mean play on oversold GDXJ.
Long DUST at $14.85.
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