Buying the dip in gold

I'm a big fan of gold for the same reasons I'm a big fan of crypto. Gold recently has made a nice move with in a few dollars of it's all time highs. It has now pulled back quite sharply.

I allocate to metals in several ways, one is long term holds with physical metals, then I use the leverage ETFs to play the markets. After taking some profits in UGL (double gold etf), I'm now rebuilding the position using this pull back and will continue buying on any further pullback. For more info on this trade here is one of my favorites with a more detailed explanation, Gary Savage.