PRECIOUS METALS SECTOR NEW UPTREND – JUNIORS TO LEAD THE CHARGE

We sold our Precious Metals sector holdings on Monday 27th January, which we had bought just a few weeks earlier, in order to sidestep a possible reaction. The reason for this was that both gold and silver had arrived at important trendline resistance and some of our juniors had become critically overbought after strong gains. Were we correct to sell at that point, in view of the building major uptrend across the sector?

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