The rally in #Gold. But don’t forget to sell

#Gold's real move up began in mid of November and it has been steadily climbing higher until now. The psychological resistance at USD1,300  was finally taken out and now it seems as if gold might even run towards USD1,350 - 1,365  before this bull wave ends. 

Make sure to pay yourself when the gold market makes money available. The coming pullback that should start somewhere in early spring might suddenly wake up the sleepy volatility in gold and push prices back towards and below 1,300 USD initially.

Statistically the seasonal pattern for gold points to a top in early March followed by two weaker months with lower highs. In May the precious metals sector usually slips into more challenging territory and often faces strong down moves into June/July...

I am pretty sure that we will see Gold testing its 200 day moving average (currently around 1,245 USD) in the next four to five months!