re: sell down? You got gold price drops 2% last night and a few...

re: sell down? You got gold price drops 2% last night and a few people got cold feet I guess.

We can't have gold price going up in a straight line and a bit of sell off is healthy for its long term trend. Anyway, it was only 2 weeks ago that we were hoping for gold to break US$600 and now after last night sell off and we're still trading at above US$615, so why panic. Even another drop to US$600 or lower the main up trend line is still intact.

GAU and RER are looking very good to benefit the goldrush which I believe is more to come.