RE:RE:Cash, gold and gold related equities.....
Never been a technical trader myself.......not so sure most, not all, are that successful with it either. Buy and hold I would agree is likely the best approach I would agree. Admittedly I'm usually in to early when the sector is in distress and wait in boredom for it to turn and most often than not, out to early before it peaks and end up leaving some gains on the table. Personally I expect a recession on the horizon but I may be wrong on that. I hate sitting on cash at unprecedented inflation levels ( which I believe are much than what's reported) however it's the price I'm willing to pay for optionality in the present environment we're in.