SBGL, long from 11/21 at 5.09, has had a nice four day run to the upside to close-by resistance.
At the same time the leveraged gold-stock ETF, NUGT, has move up to the top of its recent range (see the chart below). Would like to see a breakout in order to take SBGL above 5.65. It closed today at 5.57.
In the meantime, moving the stop on half the position to 5.42, and to breakeven on the other half.