Gold miners - short-term top in?
HGD 2X Bear Gold MinersThis puppy looks poised for a short-term move up to the $3.90/4 area, conveniently after
GOLD hitting a new high early 2020 after the 2019 Christmas Rally. The chart has simple support/resistance lines drawn (green/red) as well as open gaps (pink) that need to get filled.
This quick swing trade should close the first gap at 3.90, before resuming weakness to the downside.
As markets sort out how 2020 is going to look heading into the US election, we should have a better idea of
GOLD and 
SPX performance overall. Happy trading,
Rubber
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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.