or hold them hoping for a bounce?The daily and weekly LGL charts...

or hold them hoping for a bounce?

The daily and weekly LGL charts do not inspire confidence. The gold price doesn't look too bad on the daily chart, with the double bottom and MACD rising. But it's a different story on the weekly. Also, the HUI looks weak on both charts, as does the HUI:GOLD ratio. With 7 out of 8 charts agreeing, plus the spectre of the global deflation breakout, the decision is a simple one and I will be selling mine today for whatever I can get. This is not investment advice, just a perspective of a short-term trader.