Well SP, just my trading decision for the day. I may be wrong, but with Gold so far from its moving averages, and having hit against 920-930 resistance, I think there will be some pullback. If I'm wrong, so be it, I didn't sell any of my actual gold, and gold futures, so perhaps that does count for something as I'm still a bull.
Not as stupid as you might have assumed from the wording of the post.
I can always get them back, not necessarily cheaper, but just playing it safe as gold plays in this resistance area and perhaps retreats - and the US HUI and XAU indices made a triple top on Friday, so until they burst upwards through their resistance, can any of us have any confidence in just a buy and hold strategy.
Time will tell.
Well SP, just my trading decision for the day. I may be wrong,...
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