Similar for me, bought at $2 sold at $2.40. Bought again at 1.98 and loaded up at 1.70. Been quite a ride. I am holding what I consider to be a lot of RRL. What is preventing me from taking this profit now is 1. The US economy is moving into recession and that is positive for GLD and negative for USD 2. RRL took the opportunity of a low share price after the Twiggy raid to move operating revenue away from profit and improve the company's position 3. McPhilamy's is on track 4. RRL SP like most Australian Goldies has been blindly tracking movements in USD Gold not AUD Gold, XAUAUD remained faily stable during the recent selloff. 5. USD Gold is simply tracking DXY, the USD will decline as the interest rate hikes slow 6. any unlinking of either XAUUSD or XAUAUD is most likely to the upside 7 Sentiment regarding Crypto is changing,
I wil reasses my position at either 2.10 or 2.40
RRL Price at posting:
$2.25 Sentiment: Hold Disclosure: Held
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