GDXU Bank of Montreal - MicroSectors Gold Miners 3X Leveraged ETN

$GDXU Black Monday didn't happen, but there is always Black Tuesday 😂 Another bearish close under $100 and lower low toward a double bottoms at 84 and support at $68.

$GDXU loading 85s inflation came in 0.1% above expectations... market still pretending the fed can afford to raise rates and crater both the US and global economy

$GDXU As you can see, this is still in overall downtrend (red box), although it's starting show signs of flattening (green box). For now, buying near or below 90 and selling above 100 is my trading range. $GDX $GC_F $NUGT $JNUG

$GDXU Both bears and bulls are losing money on gold now. Indecisive and ranging market now. Midterm elections factor hits in full force. Waiting for a résolution.

$GDXU not quite. no foreign country is buying US treasuries due terrible US foreign policy and government spending. in fact not only are they not buying, they are selling, and if they cant sell the US is offering them currency swap lines the only people buying US treasuries is..... the fed money printer go brrrrrrrrr, inflation is here to stay regardless of interest rates

$GDXU Gold 4 hr. Last time 200 MA crossed 360 (yellow circle) it marked top to the day. We're crossing it from the other side today. Does that mean its the bottom?

$GDXU vs Gold - I have to be honest until the end of this week looks prime to open a position at around orange arrow by Friday close if and only if it bounces this week from the white support line. Very similar conditions as the first week of August. Watching closely. Notice how every unconfirmed attempt on 4 hr means downside is not done. Only when two 4 hr candles above breakout line you buy. Last Friday was a fake out. I'm watching this very closely, if gold doesn't hold, there are no entry conditions

I mentioned yesterday that $GDXU is going to $121 on rising USD and bond yields at it got there, but so what? GDX/GDXU chart says buy, but USD/10Y charts says, not yet. LOL $GDX $TNX $SLV.X $GLD.X

$GDXU Price: $98.115 Volume: Average or below Catalyst: Gold prices consolidating near highs as traders weigh Fed rate cut expectations, lifting miner sentiment. Resistance: $104.50 Support: $92.00 Bull case: A break above $104.50 on rising volume could spark a fresh leg up as gold miners re-rate higher. Bear case: A drop below $92.00 support with weak volume signals further downside as gold momentum stalls. What I'm watching: Watching for a volume surge to confirm direction out of this tight range. Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to check out the link in my bio:

$GDXU $GDX May have bottomed. Daily stochastic has bullish divergence. RSI at level last seen at July bottom.

$GDXU GDXU - the down gap near $87.50 that I mentioned yesterday appears to be filling today. BPGDM now 36.99, - 2.74 (-6.90%). Hui broke below the 250EMA this morning. Stochastics all fell back below 20.

$GDXU Theme hasn’t changed. Matter a fact it got worse for metals! Wait for my buy signal. Sub 100 coming! Lots of stops @ those levels ✌🏼

$GDXU 120-121 entry would've been good as initially planned, but missed the entry with USD rallying. Oh well... $GDX $TNX $SLV.X $GLD.X

$GDXU Gold is very strong tonight, close to unchanged. We might get a gap up in the morning if that continues.

$GDXU this is exactly why you don't front run the next "bull market" you patiently waiting for not just a breakout, but confirmation as well. The opposite trade $GDXD paying well. Anyone holding since 14's or 15's, congrats its over 70% gains in month.

$GDXU is gaining and the chart looks positive for continued strength, as $GRML holds steady and reinforces the constructive setup.

$GDXU I continue to encourage to short metals. Gdxu sub 100 coming. Signs are already there

$GDXU some gaps to fill for gdx. If they are filled that's 9% down for gdx and 27% for gdxu. That's around $75 for gdxu

$GDXU $GDX algos look confused again after that baked loaf of PPI. Are we blind or just plain ignorant to see that inflation was induced and is now working through the economy? Why are these news outlets surprised?

$GDXU Physical Gold is bottoming while paper gold isn't yet. I expect at least one more leg down in panic sell.