Gold often trades counter to the dollar. Gold is often under pressure on Fridays. To play a dollar rebound, bought DUST, a 3X inverse gold ETF at 3PM today. Already up 5%, looking for 10% on sale Friday morning.
Thursday, March 17, 2016
Dollar short term buy
The dollar has sold off for several days, recently down ~1. It is time for a pause in the dollar downturn.
Gold often trades counter to the dollar. Gold is often under pressure on Fridays. To play a dollar rebound, bought DUST, a 3X inverse gold ETF at 3PM today. Already up 5%, looking for 10% on sale Friday morning.
Gold often trades counter to the dollar. Gold is often under pressure on Fridays. To play a dollar rebound, bought DUST, a 3X inverse gold ETF at 3PM today. Already up 5%, looking for 10% on sale Friday morning.
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