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budeanu.radu
May 19, 2017 7:34 AM

Short GDX go long DUST & JDST Short

VanEck Gold Miners ETFArca

Description

- all the details are presented in the chart
Comments
ryyryy517
Hi mate, what's you updated view on GDXJ/GDX?
XAU seems to hold well recently, and GDXJ tested 20.75 and got renounce intraday, and it hold well above that low, do you think the consolidation is getting over and will resume to upside very soon?
mych36
Nice thinking. Personally, I still think it's a day or two early to open a short position, I don't like to get in early on trades. The way I see it, momentum is still heading upwards right now. and is meeting some resistance at the 50 day mva
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