Ranging market condition for gold price so when it is reaching a confirmed resistance and may not be a precise level, not squeezing every $ of paper gain may be prudent.
Personally I’ve got a bid for a bear etf fund as I see the equities a bit long in this rally tooth currently. There are never certainties in markets, only risk reward analysis.
A play on gold stock is both an indirect play on gold strength and AUD continue weakness and it seems market volatility is no guarantee of gold’s safe haven feature.
