Trap is set $GDX Miners about to move

Reason's $GDX is about to make a move

• Volatility is coiled - Bollinger Bands have retreated into the Keltner Bands
  Trend is flat to down on the weekly, daily and hourly chart looking at the 200 EMA
  20EMA crossed down over the 50EMA
  Price retraced to 20EMA
  

My suggestions:
1. Sell Calls
2. Buy Puts (if the premium is there)
3. Sell Spreads
4. Buy 3X ETF and buy a put to make a collar

There will probably be another piece of news that the trade deal will get better and gold will get smashed down.

Comment:

50 EMA and 200 EMA just touched which means it's a potential death-cross. Time to buy a straddle if you're not sure where it's going....but it's going!

Comment:

twitter.com/JustinBilyj/status/1133356895232811008?s=20

50ema crossing down over the 200ema and 20ema crossing down over the 50ema = bad news for gold and miners!