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Gold/Mining/Energy : Gold Price Monitor
GDXJ 47.01-0.1%Jan 23 4:00 PM EST
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To: Sun Tzu who wrote (115215)11/23/2021 8:52:40 AM
From: Rarebird1 Recommendation

Recommended By
rdkflorida2

  Read Replies (2) of 116450
 
So, what do you do in a situation like this where it appears that Gold is back below its old trading range ( pending the close, of course) after recently breaking out? Do you sell or hold?

There needs to be a time line for a break out to be considered a true break out. Lots of stocks temporarily break out of their range and then reveal that it was a fake out a few days or a week later.
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