Replies to post #11410 on Direxion Daily Gold Miners Be (DUST)

[SgtJBone]

Spot price of gold has a lot of support at $1253-52 area today. So I think it will go down tomorrow. Then if all is well with JOLTS and the Minutes it will trend down to $1210-$1200 within the next week or so. The Labor Market Index didn't have any strenth to push gold lower. It ended up in favor of gold when it came out. That's why gold is trying to push back up.

[SgtJBone]

We may end the day in the red today.

[SgtJBone]

Well not enough to push it up past $1260 on spot gold, so that's a good sign. I was a little worried for a sec.