GOLD 0.51% $1,391.7 gold futures

2 of my favourite stocks tested the support today and broke. I...

  1. 42,078 Posts.
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    2 of my favourite stocks tested the support today and broke. I could see the flood gates opening up but tonight's gold price action will not be nice tomorrow. I have been holding a gold stock for more than 2 years adding another recently coming back to dip my toes in. Shame I have to clear out. The last remaining went from a blue chippy in the golden days to barely registering a blip and that is what happens when I just sticked it in the long term based on greed! Only consolation was that it was a dip and I was going to averaging in. SO much for the so called long term, usually means I don't know what to do with it. I wised up.

    Meantime just waiting and see how far this sell off can go and as the dust settles, I'll be back contemplating..
 
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