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.
GDX is about to make a move- 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.
Nota
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!Nota
twitter.com/JustinBilyj/status/1133356895232811008?s=2050ema crossing down over the 200ema and 20ema crossing down over the 50ema = bad news for gold and miners!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.