$GDX (Gold) Going Lower

2019年5月22日

If there isn't a disaster in Iran within the next few weeks - gold will be going lower. TTM Squueze is coiling on 15 minute chart, 1 hour and 4 hour. The daily chart shows the price testing the 20 EMA after crossing over the 50 EMA which is a bearish signal. I would buy puts now or sell calls and buy them back in 1-2 weeks.

2019年5月22日

註釋

Here's the EMA cross-over