Direxion Daily Gold Miners Be (DUST)

[mannken]

Yeah agree, rapid headline changes

Those headlines of easing tensions were about 12 hrs ago, and now a reversal on headlines lol

And now Ukrainian PM will meet with Russia over the weekend, diplomatic talks maybe, whipsaw action on headlines for sure.

I'm all in now for Long dust, with risk managed exit points if it goes wrong, not trading short term swing volatility, have 2-3 month outlook

Still like the trade of Gold heading to 1200, safe haven headlines seem to be bonds, with gold knee jerk reactions to geo headlines.

Another twist besides Russia being the biggest central bank buyer of Gold of late,(prob because they expect their ruble to collapse with sanctions), is that some analyst mentioning EU will have to cave in on tougher measures against RU, which will crunch the EU economy. If that occurs, my guess the dollar would further strengthen on a weakened EURO, which would not be positive for Gold.

All IMHO ... :D