wondering gold thought
My opinion. Wesdome cycle has run the opposite of the commodity gold cycle and looks to have peaked about four days ago. I would take my cost of the investment out and let the profits run.
It looks like gold on the commoditity market still has room to drop some more. I look for a $50.00 shake out move in one day and then the trend may turn up but for how long who knows.
Wesdome has a probability of moving down or sideways even if the trend for gold is up. As you know not all stocks move in the same direction as the commodities cycles.
But the way I play is to take profits and find another stock that fits your trading style.
Good luck and this is only my thoughts and not investment advice