Looking to enter a Bullish (JNUG, NUGT) or bearish (JDST, DUST) on 3X ETF position depending on how Gold breaks out.
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I believe DUST is the play now. GDX alot weaker than GDXJ
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Minors are definitely weaker than Jr minors as of now. Dust would be an optimal play if gold breaks below the first support and tests second support at 1236. It also depends on what time frame your willing to trade. I'm looking to day trade unless a swing trade opportunity arises.
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Check my recent post. Today spotted some huge dark pool prints. We should be getting a strong move soon hopefully. My bias is bearish for a swing trade. Day trading has been the best way to play miners these few weeks as it has just been a chopfest. Hopefully we get a resolution soon, a big move up or down. Getting tired of this range trade
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Thanks, subscribed
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