Wanting to get Long Exposure in Gold (Short Term)

3 Jun 2020

All these are for a short term long exposure. GDX has sold off significantly.

Ofcourse, if you are long GDX, you are betting against the market. So, do not treat this as a position trade, But like a hedge. What do I mean. If you are long a bunch of spread in the Equity sector, You can hedge them by getting spreads on Gold and Bonds.

Building an exposure here is a hedge on if the Market shakes out in the next 2-3 weeks. Your GDX and its component will make you money.

NUGT - Do not Enter naked option positions.

3 Jun 2020

Nota

10 Jun 2020

Nota

Gold is testing the weekly expectations. So I wouldnt panic if there is a PB.

11 Jun 2020

Nota

Gold is trading bullish beyond expectations for the week. Watch for a pullback, (trade it too) It could come back to 1740 by tomorrow to chill.

11 Jun 2020

Nota

Thanks to a.tesla2018 for helping me scripting this indicator for me.
Please visit him for some crazy Statistical indicators. If you dont like my index rating, he has a better one.

11 Jun 2020

Nota

Out of Gold Future Trade.

19 Jun 2020

Nota

There is GOLD GC1! breaking out. Volatility to be expected.

As Inflation fear kicks in, Gold will run.

22 Jun 2020

Nota

I am out of the last position I took on these. DUST didnt move much, but a hedge is a hedge and should be taken out along with your main positions.

I will probe for more trades and setup soon.

30 Jun 2020

Nota

From Jun 19th - The breakout follows through. This is good and bad news for the economy.

21 Jul 2020

Nota

1900 GC1! soon. As the world is fighting Covid, the inflation is bound to happen.