Feels a bit like walking through a swamp. Trumps speech in the US tonight may get things moving. One way or the other. I’m a long term bull, but right here, I’m neither bullish nor bearish. I’m taking into account all of the really well thought out and researched posts from everyone on here over the last few days. Holding my positions (maybe foolishly), but with a slightly revised point at which I sell (based on retaining a 100% profit since getting into the miners just over a year ago) – so more based on retaining a set profit, rather than any technical level. As it happens, if it drops to that point, we’ll have crossed a few ‘lines in the sand’ anyway. If I wasn’t sitting on a profit, I do realise I wouldn’t have this ‘luxury’ of course. I know I shouldn’t, but I’m sticking with my gut instinct, which is for a move down in the dollar/up in gold. Not out of pure hope and wishful thinking, but the macroeconomic conditions in the US and Europe. Greece and Italy are in trouble again, with debts/banking issues, and we have various ‘problematic’ European elections coming up. It’s just the kind of environment that should be supportive of gold price going forwards.

Notice how the downtrend resistance stopped the advance last Summer, and is about to meet the sticky zone around 250. If we can break through that next time, we’re out of the swamp.