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Hayekian_Fibonacci
Jun 17, 2019 1:00 PM

Long JDST Long

Direxion Daily Junior Gold Miners Index Bear 2X SharesArca

Description

Gold is oversold on the RSI. Had a doji reversal last Friday. And HUI miners keep signaling lower gold. Anticipating a move back to 1300. JDST is near previous all time lows @ 29 from February

If the Fed doesn’t deliver a rate cut Wednesday, expect gold to sell off
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