RE:RE:RE:RE:RE:Gold crashing down to $1234 heading to $1100 rangeI rationalize it the same way I would rationalize it if gold were sitting at $1400 right now. I believe gold stocks are in a bull market and it can be hard to hold on to a bull. Anyone who has been in junior mining stocks for years knows that this kind of thing happens all the time.
Normally I keep a core position with gold stocks and a smaller trading position that gets moved around. My favorite indicator with sentiment is the bullish gold miners percentage. I sold a lot of gold stocks last August and bought back in early Oct. Anybody who says they knew that gold stocks were going to head down like this after the election is full of it.
https://stockcharts.com/h-sc/ui?s=$bpgdm
TXG is doing a great job, meeting all their targets or exceeding them. I believe it is going much higher.