Thank you IAG again...it is really my best trading stock so far!
As long as Gold is going up and leave its 1200 support IAG will trend up...Both trader like me and long are happy but be careful. Any sign of renewed weakness of Gold will be the signal for another retracement here.
For IAG investors it is nice to look at PVG too! Just crossed 9 and follow the same trend as IAG.
IAG rocks - I wish I had just sat on my position at $5 - I exited too early then bought back in. Gold is going up regardless of QE tapering or not - the risk as assymetrical right now in favor of gold. Taper means gold becomes a safe haven, no taper means inflation as the economy improves. Gold is in a goldilocks environment - shorts don't have many scenarios to count on for gold to go back down on top of the growing physical demand that is now making mainstream news.