Gold : Consolation Prize

• Having a hard time. This is one of the all-too-few small consolation.
• Long Gold ETF since Apr 08, from around XAU/SGD @ 1200 (XAU/USD around 800, but USD/SGD much higher as well).
• 90% out in the past week during the parabolic run up to the recent all time high at USD 1911. Average out price XAU/SGD slightly above 2250.
• +87.5% over 3.5 years = straight line 25% p.a.
• Happy to have gotten out on the way UP rather than scrambling to get out on the way down now. At least I managed to get something right.
• Will leave balance of 10%.
• Have to celebrate small victories in order to keep going. 
• Where to now Gold?  Long term charts still bullish. This current sell-off is probably just a short term reversal. But if I do get back in, it will only be a trading position. The investment trade is over and done with.