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

[THREE-DAY-TRADER]

FYI --- The GLD fund broke to a high of 126.00 @ 18:36 in last half hour of the after hours session!!! Gold kept climbing till end of after hours Friday & in my view could be setting up for further break out (especially if $USD pulls back after its recent big run up).
This gold move up steadily higher also happened despite the news in afternoon of Israel agreeing to a temporary ceasefire, which to me is an added bullish signal for gold yet into next week. The market must not have much faith that this cease fire will matter. Also it is apparent that increasing aggression by Russia in Eastern Ukraine is a factor which could continue to boil worse yet.

And I'm also a believer that likely interest rates will have to rise & it will hurt gold longer term, but that is not a factor currently in short term for trade focus, so in the interim we can see lower rates yet & means gold could push back up into mid 1300's (to 1340+).
Just be aware of this imposing, high potential risk.