November Improving

IAU trade was positive with an exit yesterday at $1.985 it closed previously at $1.87 as soon as I sold as I expected it to meet resistance at around $1.99/2.00 it flew up to $2.13 c'est la vie. I really can't complain I netted just short of a grand. ADU 38,000 sold today at 74.5cents up 3 cents on the trade, I was a bit nervous holding over the weekend with the DOW so erratic and gold flat. ADU was at its previous high closing price and later hit 77 cents. There is a need to take profits sometimes when they are there. Will look to get back in again on weakness as I am sure this may have blue sky ahead if the DOW kicks up and gold continues seasonal.

Purchased another parcel of ROL yesterday at $1.92 trading around $1.94 today on very low volume, I am sure this will test $2.00 again.
MDL is still held it climbed back up and will now under ago a 10 to1 share consolidation before coming back on the market.
IAU will also me to purchase up to $15,000 of shares at $1.78 as I was a holder on the 22nd November when the capital rising was announced, currently IAU is $2.11 seems to good to be true that's a gain of almost $2800 if the price holds.
CHN turning out to be a dog, still held, buyers now in which may indicate it may turn.

PSP also still held believe this could be another ROL I badly need a 10 bagger.

A Month Gone Wrong

I find myself somewhat disinterested when markets decline, however one can not afford to be if a living is desired from trading.
Stocks held remain the same apart from OGC which seems to be acting unlike a gold stock, it is off approximately 25% from not long ago highs. I can't see any reason to hold this stock presently. From one of the best performers of late its turning into the opposite. The lat two trades in OGC have been losses. IAU is a different story with again some positive trades netting between 2 and 6 cents, currently back in on IAU at $1.92 Monday 22nd with the stock going into a trading halt the next morning with a capital rising at $1.77, hopefully I won't take to big a hit.
Of other stocks ADU sold at 74 cents and reentry at 71 cents this stock is holding up nicely and looks promising with a gold pour on hand shortly.
MDL looks like its in trouble and an exit is on the cards this morning.
ROL, PSP and CHN continue to hold they look long haulers.
Gold has moved back up again overnight despite the DOW losing 142 points and the US dollar strength, tensions on the Korean peninsular look to be the driver. 

The Month Of Gold

I do think we will see gold make some higher highs this month before a pullback, US$1450 is achievable in this current wave with the possibility of a 5th wave extension.
Stocks held medium term are still CHN, PSP and ROL with ROL the only positive amongst them.
Currently have entry in OGC, ADU, MDL amd again IAU all postive.
Look to exit OGC this morning performance here is disappointing and feel there are better opportunities elsewhere.
Have a target of 80 cents on ADU and $1.50 on MDL. IAU, will expect to trade in and out with 2 to 3 cent wins.
US markets all positive overnight will see us open up expect trading to remain somewhat flat with some gains in gold stocks again. It would not surprise however to see the All Ord's challenge and close slightly over 4,800, the overall direction of the market is still not clear and till we are over 5,000 I am not totally convinced that we are in a bull market despite what the great majority think.