Direxion Daily Gold Miners Be (DUST)

[cashbyers]

MINERS AND GOLD GOING LOWER

More hedge funds will be selling precious metal holding off mid week as FED MEETING CUTS "PATIENCE" from raising interest rates in the long term and could see a raise as early as JUNE. Although GLD is extremely oversold and a relief bounce is coming but around /GC SUPPORT @ 1000-1080$ an oz after one last wash out. Us gold bugs will have our run but why fight the Trend and bear momentum of higher interest rates and strong $USD when we can ride it down and catch a bottom..

GOOD LUCK TO ALL FIGURING OUT THE GOLD MARKET

Disclosure: I am long $JDST @ 13.75

All advice and opinion is welcome

CashByers