DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 01/18/20

Gold was trading last at $1,557.70, up about $7.30. The Variable Changing Price Momentum Indicator (VC PMI) average daily price is $1,552. The Sell 1 level above the mean is $1,556, and the Sell 2 level is $1,562. The Buy 1 level below the mean is $1,546 and the Buy 2 level is $1,542. The ma...

The gold miners’ stocks are wavering, frustrating traders. For the better part of a half-year, this sector has neither broken out nor broken down. Instead it has mostly ground sideways since the last upleg’s peak. Gold stocks being mired in a consolidation so long, even a relativ...

No one interested in current income buys gold mining stocks, because those stocks are traditionally all about capital gains. As "leveraged plays on the price of gold," the miners work this way. Let's say gold is $1,000 per ounce and a hypothetical miner produces a million ounces annually, ek...

Agnico Eagle Mines (NYSE: AEM ), Newmont (NYSE: NEM ) and Endeavour Mining ( OTCQX:EDVMF ) are this year's top picks among precious metals miners at Credit Suisse, as the trio is poised to generate significant free cash flow and return capital to shareholders while having lower financial a...

Nearby gold futures on the COMEX division of the CME closed at $1523.10 per ounce on December 31. The yellow metal was 3.92% higher in the fourth quarter and moved 18.87% to the upside in 2019. In June, when the US Fed told markets that short-term interest rates would decline by the end of the...

Gold is trading last at $1574.60, up about 30 cents. The average price for the day is $1570. The Sell 1 level of the extreme above the mean is $1586 to the Sell 2 level of $1603. The Buy 1 level below the mean is $1561, the Buy 2 level is $1548. Overnight, on the news of the Iraq embassy bom...

Gold futures (NYSEARCA: GLD ) close with their first loss in 11 sessions after Pres. Trump's speech saying Iran may be "standing down" eased fears of escalating Middle East tensions. More news on: SPDR Gold Trust ETF, Barrick Gold Corporation, Kinross Gold Corporation, Commodities news, ...

Gold scores a 10th straight daily gain , the longest streak in two years, with February Comex gold (NYSEARCA: GLD ) settling +0.4% to $1,574.30/oz. for the highest settlement of the most-active contract since April 2013. More news on: SPDR Gold Trust ETF, VanEck Vectors Gold Miners ETF...

Gold mining stocks (NYSEARCA: GDX ) have turned mixed as gold prices ease off multi-year highs; February Comex gold +0.9% to $1,566.30/oz. after earlier rising as much as 2% to hit $1,590.90/oz., the highest since April 2013 . More news on: VanEck Vectors Gold Miners ETF, Barrick Gold C...

Gold miners’ stocks blasted higher this past week, breaking out of their correction downtrend. Rapidly-improving psychology fueled such strong upside momentum that sector benchmarks are challenging months-old upleg highs. Most traders assume this is righteous, that gold stocks’ n...