Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

[Marketwise]

Yes that 2016 move in the first half of the year saw gold advance about 30% which was strong enough for some veteran gold traders like Adam Hamilton to conclude that we are in a new secular gold bull market, however, I personally am not there yet though I do respect his integrity, research and years in the industry very much and read his articles quite frequently. Despite a rise to 1255 POG today miners are showing some upside resistance. I think I will wait until early next week though before making my next miner trade. I agree a POG pullback should come next week. Have a good weekend and forget about the gold market for a few days....:)