Replies to post #11081 on Direxion Daily Gold Miners Be (DUST)

[buby89]

I believe Yellen is making a speech today. Depending on what she says, this stock will react up or down.

[RainerRocks]

Hey,Summer months trading is usually much lower for entire market. Market and Dust/Gold have been flat and many big moves happen pre-market. Scanners come in very handy for pre-market moves.

I just scalp this along with my other plays.Not holding DUST,just riding on and off and doing good.


Are you trading Dust or anything yet?

Gold just hit new support, if it breaches it ,might dip down around $1297 due to that gap. It's fighting to keep it's head above that support level. Watch the volume in that channel area,it will tell the story of which way it will go.

PS:That being said,I still think long term gold goes higher,so I will never hold Dust long term.