Selling 1/2 of GLD @ $177.13
5% position remains
Realized loss of $1.22 (-0.68%)
Today's gold rally is just what I needed to reduce my position a bit. I still think gold and GLD are a fundamental, core holding - but using some risk-management to reduce my gross exposure.
I got all hyped up and bought GLD twice in short order. This is a reset to allow me to buy this slug back lower - or let the remaining piece fly higher.
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