Direxion Daily Gold Miners Index Bear 2X Shares DUST

ThomasTuanNguyen

Near-term increased in USD buying power and increasing interest rates suggest a reversal in inflation coming soon. With the inverse relationship that commodities like gold share I would expect mid to long term outlook to be anti-gold. Keeping in mind there are some market risks associated with this play. Recession potential can push out timeline or entry point....

cerealtrades

multiple timeframes are showing oversold stoch, rsi and negative macd for dust 19.74 a target area for bounce

Invincible-Chive Pro

Gold/Gold miner likely to top soon Setup a trade to short the gold miner (DUST if you use etf, or short option) Entry price today, stop loss 5-7% for DUST. Don't get me wrong this is just a pullback which afterwards I am still Long gold/silver/miners

IvanBonilla

Will place a buy , tight SL It looks like best support to buy.

TikeT Premium

Buy from current and 14.19, stop 9.45, target 43.01 Shopping from the commercial areas of interest. Restart position. Stop for the maximum volume level. The risk is 90% of the total. Closing 50% of the position at 28.00.

Gps-88

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TikeT Premium

Buy from 23.91 and 21.39, stop 17.54, target 43.01 Limit purchases from weekly and monthly commercial interests and trending channel.

BBTrader29

DUST is the inverse leveraged ETF for GOLD. GOLD looks bearish at the moment after a run up to test the resistance at the 18,500 area. This has the old breakdown support level that didn't hold and it just recently came back to up to retest that level and didn't hold. I'm projecting DUST to move up accordingly

coreyfgarber Pro+

Posted first on October 7th - ETF bottomed and showed significant positive side. Swing trading yielded fair gains for a 2x ETF - posted are the gross returns As you can see we have another rounding on the daily side and also topping trend on the WEEKLY chart. The weekly shows prices rising almost to the breakout point This may indicate something for gold in...

coreyfgarber Pro+

DUST 2x Inverse ETF I posted this about a month ago as a trading idea based on DUST bouncing and Laguerre about to turn green. If you look at NUGT it is dropping off pretty sharply. Buy corrections into the end of the month for (Potential) long term hold I know the gold bugs are stuck on a continuing rise in gold with some sort of catastrophe but I say ride...

etfsandstuff Pro

Im bearish everything short term, including gold. Bullish long term though.

RussBrowne

My gold chart work shows a low coming in Nov or early Dec. 2020. There are lots of unfilled gaps on dust and jsdt. Momentum indicator at the top is diverging

BobbySpa Pro+

DUST did some nice work today on this 15 min chart. Held longer term FIB at the golden pocket and the shorter term Fib at .50 with what appears to be a W bottom. Take a glance at the daily chart volume and the pick up in buying volume. Still think miners are overbought and need a little more time in the penalty box. GDX definitely doing some consolidating...

BobbySpa Pro+

DUST is filling a gap from last Monday's pop on the news that Buffet purchased GOLD. This is roughly the .50 FIB retracement level. I think this is a head fake and that this weakness should be bought. GDX is not oversold yet and in my opinion still has a little more correcting to do.

BobbySpa Pro+

DUST ran from 16 to 20.66. Has retested the .50 Fib retracement level which was the gap up opening level from Monday. Still rip for a trade.

BobbySpa Pro+

DUST held Fib support from yesterday's swing high and low. Made a higher low from yesterday and just made a higher high as I edit my idea live. Miners looks super extended and failed to make new highs despite the strong moves in gold and silver. Not sure how long it lasts but the time may be write for a miners counter trade. As you know I am a precious metals...

Harmonic.Traders Pro+

buy 17.60 to 18.85 T1 23.40 T2 27.85 SL closing under 14.95

joel1s

Day trade potentially here