If you are holding physical gold, there is no need to worry.
if you are playing spot, then the next support level for gold is US1550 per oz.
so to hold or to sell depends on whether your cash margin can hold out.

Gold is down because the US Fed is making no commitments on QE3.

However, the Fed can only hold out for so long. Once QE 3 is announced, you will see gold take a leap.

paper gold investment will be spot and futures trading.

you can make money anytime doesn't matter if the price is going up down or sideways

all you need is an internet connection, USD 3000, some guts, some brains and enough time to monitor the market for yourself.

of course you must also be prepared to burn the USD3000 if you boo boo.

you can always employ someone to monitor the market for you on a profit sharing basis.

Robots work to a certain extend but they do not take fundamentals into consideration.

humans have better "feel" but less discipline and are susceptible to emotions

best is to use expert advisers to give you the technical info and your own analysis of the fundamentals.

and of course sign up with a reputable platform, not one of those bucket shops that kill your position off once you place a stop loss.

how much do you have?

if you go to the Gold smiths they will offer you LME -10% if not purchased from them earlier

I can get you up to LME -5% if your amount is about 1kg.

if you are buying from bank can only buy up

but if you play the online spot or future markets can play both ways

he who makes and run away
lives to make another day!