DUST 3X Bear Gold ETF Near Head+ Shoulder's Breakdown !
DUST, Direction's 3 X Gold Bear ETF is close to a Head and Shoulder's Breakdown,down 8% this afternoon.
That would imply a pending breakout to the upside, in the precious metal, GOLD
something that I have been writing about in the last week was a high probability.
DUST is an institutional favorite
and has large volume daily ETF volume and liquidity for the big boys to SHORT GOLD with an ETF.
Neckline Support in Dust is at just below 35.
If DUST breaks to the downside here,
then expect GOLD, to breaking out sharply to the upside,
targeting $1235-$1250 an ounce next.
THE_UNWIND
That would imply a pending breakout to the upside, in the precious metal, GOLD
something that I have been writing about in the last week was a high probability.
DUST is an institutional favorite
and has large volume daily ETF volume and liquidity for the big boys to SHORT GOLD with an ETF.
Neckline Support in Dust is at just below 35.
If DUST breaks to the downside here,
then expect GOLD, to breaking out sharply to the upside,
targeting $1235-$1250 an ounce next.
THE_UNWIND