Reason's $GDX is about to make a move
My suggestions:
1. Sell Calls
2. Buy Puts (if the premium is there)
3. Sell Spreads
4. Buy 3X ETF and buy a put to make a collar
There will probably be another piece of news that the trade deal will get better and gold will get smashed down.
- Volatility is coiled - Bollinger Bands have retreated into the Keltner Bands
Trend is flat to down on the weekly, daily and hourly chart looking at the 200 EMA
20EMA crossed down over the 50EMA
Price retraced to 20EMA
My suggestions:
1. Sell Calls
2. Buy Puts (if the premium is there)
3. Sell Spreads
4. Buy 3X ETF and buy a put to make a collar
There will probably be another piece of news that the trade deal will get better and gold will get smashed down.
코멘트:
50 EMA and 200 EMA just touched which means it's a potential death-cross. Time to buy a straddle if you're not sure where it's going....but it's going!
코멘트:
twitter.com/JustinBilyj/status/1133356895232811008?s=20
50ema crossing down over the 200ema and 20ema crossing down over the 50ema = bad news for gold and miners!
50ema crossing down over the 200ema and 20ema crossing down over the 50ema = bad news for gold and miners!