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JDST - Gold Climbs To The Highest Level Since February
Direxion Daily Junior Gold Miners Index Bear 3X Shares
On the final trading session of May, the COMEX gold futures market broke a bearish price pattern that had been in place since February 20. Over three months, the yellow metal did nothing but make lower higher and lower lows falling to $1273.20 on the active month August futures contract on May 2. The low in the continuous contract for 2019 was at $1266 per ounce. The first clue that gold was preparing to recover came on May 21, when it made a higher low at $1274.60. The most recent bottom came on May 30