Despite a lack of follow through on the Gold Trust ETF (ticker GLD), we saw a some heavy volume coming out of DUST or Direxion Gold Miners 3x Bear ETF. Although the volume of the upside on the GLD was weaker, and I should note the upside move was tepid, the gold miners (ticker: GDX and GLDX) both had decent moves with decent volumes. Something to be mindful of especially if you are bullish gold or the miners..... hey like me.
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