Mate,
Indications on chart look a bit overbought.....you see sellers today decided to take some profit of the table..
smart move as this is friday and profit is profit.....
buyers trying to push the price up, can't hold so at the end it depends on POG short term....no chart will tell you where gold is going so if it breaks 1000 next week there
will be some rush into gold and gold stock....chart no chart LGL will hit over 3 and hold.....hmmmm...sell or don't sell....everyone has a different target and have to make their own decision.....me I like to take some of the profit and increase holding when there is confirmation,
greed again will kill profit for some people.....nothing go staight up everyday after 7% move....the worst thing can happen people will turn paper profit into a loss..
happen to all of us!!! paper profit means nothing untill they are locked up in the bank...LGL looks a bit tired but at least they closed the same.
Cheers.
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