Gold miners measured move price target achieved! Short

AMEX:GDX1W

VanEck Gold Miners ETFArca

Description

⋅ May 15, 2020 4:40 PM

Gold miners measured move price target achieved! Short position with risk defined accordingly.

Trade active

⋅ Jun 3, 2020 8:01 PM

GDX sold off as projected. Move stops according to your trade management approach. Short trade is 4$ in the money as of today, $36.5 --> $32.5, 11% gain.

Trade closed: target reached

⋅ Aug 11, 2020 1:20 PM

Comments

comanderrich61

⋅ May 17, 2020 3:25 AM

lmao ! thanks for shorting :)

SS96

⋅ May 26, 2020 4:28 PM

@comanderrich61, you are welcome! ;)

DanjaZown

⋅ May 16, 2020 3:13 PM

Excellent illustration! I got burned on my purchase of DUST on Friday but I’m hanging in there because I also think gold miners are way over done (long term bullish gold though).

comanderrich61

⋅ May 17, 2020 3:26 AM

@DanjaZown, I guess you don't know about Friday breakouts ;)

tuongvy0501

⋅ May 17, 2020 2:06 PM

@comanderrich61, any breakout can be a false breakout

comanderrich61

⋅ May 18, 2020 12:22 AM

@tuongvy0501, GOLD futures up and silver ! gold up 10 giddy up gdx and silver

tuongvy0501

⋅ May 18, 2020 2:31 AM

@comanderrich61, oh gold futures? Higher high but rsi is lower high. Let see how long this can run