short miners

I actually got shook out of my DUST position flat yesterday because I didn't have a trade plan set up. Too bad.

So here it is, pretty high risk trade as it stands if using GDX (long puts, never short shares without a long call to cover your butt, I'll write a book "Advanced Trading for Beginners")

Anyway, I think we have plenty of downside here, unless GOLD GL really want's that CUP and HANDLE pattern to play out.
Goldshorttrade

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Penafian