Wishful Thinking Gold US$1300 This Week

Continue to play in and out of IAU, small profit again on 30000. Entered back in but got caught before the close things moved too fast and some time away from the screen saw a positive go quickly to negative. Now holding IAU overnight not too concerned my interpretation of the Gold chart is continuation of the latest move up, this wave still has a long way to go. IAU is proving to be an ideal stock to trade although today was only one completed trade.
A previous entry of 50000 of PSP at 20cents was completed with a sell at 23.5cents. I had intended to hold this stock but a 17.5% increase over a few days had to be taken. Re entry is on the agenda some gaps in this on the way up that may need to filled and may present another entry.
Will look to close IAU trade before lunch as I am sure it will open higher and move over $1.20 again especially with gold still moving upwards tonight.