GDX broke out of the recent range to the downside. Could be a potential sustained downtrend in the short term. Entered half position in DUST so far, however have stop loss tight and waiting for further confirmation of the breakout strength before entering remaining position.
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Added the remaining 50% position during the retrace. Strength is still iffy, would recommend maintaining SL tight and watch closely to price actions tomorrow. Good luck everyone!
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Look to take profits actively, this short term downtrend is not very strong at the moment. Could be just a part of a bull flag.
Price target 24.50ish at some point. Needs to close gap from multiple breakouts. Glad that someone else agree and doesn't think that it always goes up.