Dollar up, why it's anyones guess (Bankers) but taking profits was proper. Fighting against government entities propping up currency debasement is a losing proposition. Inflation is up yet govts. say its benign, yeah right. I least I have profits now so they can pillage the stock down again, i'll be waiting again.
According to recent COT reports, speculators were so bearish on the gold price, their short positions are 70% higher than they have ever been throughout this 12-year secular gold bull market.
To me that is a buy signal.
Also the GOLD to oil ratio is skewed.
Another buy signal.