For most people, it is not easy taking a loss and there is a strong tendency to “book profits” whenever you get profits. Unfortunately, this approach will never help you earn big money and more often you will see that after running a lot you are still in the same place. Your broker has however been earning slowly but steadily.
Lets come to fundamental side before, we witness a blast in gold price after 2008 recession & gold price almost double in just 3 year span while in last 2 year gold also corrected more than 50% from the life time high. This is the biggest correction in past 12 years in gold & may remain always. Gold rallied from 2008 on basis of safe haven buying , alternate & safe investment , later on the based on QE program from US & many .