VanEck Gold Miners ETF
Updated

GDX top forming?

127
It looks like GDX is top forming either as red iv or blue w1.
Time for Risk vs Reward evaluation

snapshot
Note
Gold is about to make the high but I am not so sure if GDX would make the higher high due to NEM dragging it down. Bought DUST 21.60
snapshot
Note
It looks like topped finally.
picked up some NUGT put options


snapshot
Note
FED induced rally today.... still looking for correction with a possibility to make a lower low. Picked up more DUST at $18.60. Average DUST price = $20.10. DUST rebounded and closed at $19.40


snapshot
Note
DUST (Inverse x 3) chart looks like about done?

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.