DIREXION DAILY GOLD MINERS BEAR 3X SHARES

Bull miners appear to be overbought and the same goes for spot gold. Simple in and out play. Stop below buy. The 3EMA and 10 EMA gap is becoming too great. Price needs to check in with the 10 EMA daily with a bounce or sideways action. After that miners and gold will determine the direction. Side note, miners have been ultra choppy.

GDX short for the brave ones. A good chance for 100% in 3 weeks.

DUST broke above and closed above a previous resistance zone. I'll be looking for this to head higher. I don't want to see a false breakout.

DUST IS TAKING OFF

DUST Appears to be setting up for a trend reversal. Look for this to move to previous highs.

I think this is starting now finally. I launch this idea based on the previous GDX short idea. I don't want to chart too deep in DUST as it is 3x ETF.... But you have to know my target in DUST is around 60$ in the following 5 weeks...

DUST has been teasing this trend reversal move for a couple days now, after a failed push of sellers to move lower, I've opened a long position.

This idea works off of bearish gold. Gold had a nice bull run, but it looked like a strong correction. If you look at the gold chart you can draw a reversed "J" in the price action. That should be a continuation pattern of the prior bear trend. All this should take miners bearish. To me, I feel this move down will be deeper than the 1st bearish move. I've seen ...

Looks like we could profit from DUST opening it while we have jnug opened, it would be a locking of profits in one side while we open a short. Afterwards we turn around to full jung/ nugt.?

We can see the beginning of a bat pattern on the daily chart. Furthermore, XAUUSD is boucing back on the 10 EMA ; going for a potential pullback. Won't enter yet, but will be watching carefully.

DUST targiting 32.5 on a short term it may keep climing up to 37 -40 since gold still in down trend direction.

If we break to the upside we have a good shot at reaching the target box.

Breakout trendline, target 32.93

dust

We are due for a bounce up. Double bottom is forming between 23 and 25. If it breaks 23 then it negates the rally up and further weakens is anticipated.

15 min indictors are looking to bottom out soon 30.50 30.30 looks to be a good long sell at 31 around 12:30

DUST is close to oversold, NUGT is close to overbought.

Garbage.