DUST (3x short gold miners ETF) will be added as an aggressive long entry (a proxy for a GDX short) with a stop on a 60-minute close above 14.80 (GDX) and a sole profit target at this time of 14.27 (GDX). I may possibly extend this trade & I'm using the GDX charts to define my stops and targets as the charts of the 3x leveraged ETFs are usually skewed as as result of the price decay. (note: please disregard the two lower price targets, T1 & T2. An additional downside target just above the 13.80 level might be added to this trade but 14.27 (GDX) is the sole profit target at this time).
Shorting Gold Miners (GDX) via DUST long
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