DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 12/16/19

After steadily rising for the last two months, the major North American gold mining stocks have reached a critical juncture. The benchmark PHLX Gold/Silver Index (XAU) has recovered nearly all of its losses from the September-October decline, but a subdued gold market and competition from the ...

Last Friday, the price of gold was sitting around the $1479 per ounce level on the active month February futures contract on the COMEX division of the CME. Gold was a star-performer in 2019, and the price is on track to post a double-digit percentage gain on the year. Gold took off on the up...

The average weekly price for gold is at $1,465. The Sell 1 level is at $1,478 on the weekly. The market went up today, Friday 13th, to a high of $1,477.50 and that satisfied the criteria to go short the market, which we recommended to our subscribers. One of the things that we do is that we ...

The gold miners’ stocks have largely been consolidating high following last summer’s powerful upleg. That resilience has left sentiment relatively bullish, with traders mostly expecting this sector to soon start surging again. But the jury is still out on whether gold stocks will...

By Mike Gleason Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Greg Weldon of Weldon Financial and Gold-Guru.com joins me for an interview you simply must stick around to hear. Greg is ready to make another bold call on the precious metals, having...

Precious metals miners ( GDX -1.7% ) are shunned in today's broad-based stock market rally, as stronger than expected U.S. jobs data alleviates economic concerns that had sparked safe-haven demand for gold and silver. More news on: VanEck Vectors Gold Miners ETF, SPDR Gold Trust ETF, B...

The gold market was trading at about $1481. The chart shows a 15-minute bar. On the left of the chart is the daily algorithm and information that we use based on the Variable Changing Price Momentum Indicator (VC PMI) for today's trading. On the right side are the VC PMI's weekly signals. This...

In this report, I want to let you know what we've done so far today. We've locked in a profit in gold at $1,484, which was the weekly target (Sell 2; S2) for this week. The market this morning made a high of $1,489.90. Then, it reverted back down from that trend line resistance which identif...

On December 3, the price of nearby March COMEX silver futures was trading at $17.215 per ounce, above the midpoint of its 2019 trading range. The prices of lead and zinc were waiting for the next shoe to drop in the trade war between the US and China. When it comes to the base metals that trad...

Gold futures ( GLD +1% ) rose to their highest mark in nearly a month , enjoying safe-haven buying interest after Pres. Trump said a U.S.-China trade deal could wait until after the November 2020 presidential election. More news on: SPDR Gold Trust ETF, Harmony Gold Mining Company Limit...