Gold prices making me rethink my entire strategy

• •Honestly, these past few weeks have been a rollercoaster, and not the fun kind you find at Galveston pleasure pier.
• •I’ve been watching gold like a hawk, especially since the market feels like it's gotten a shot of adrenaline.
• •Seeing it pop like this is good, don't get me wrong, but it also makes me super antsy.

Honestly, these past few weeks have been a rollercoaster, and not the fun kind you find at Galveston pleasure pier. I’ve been watching gold like a hawk, especially since the market feels like it's gotten a shot of adrenaline. My portfolio’s heavily weighted in physical gold and a good chunk in my Gold IRA – probably pushing about 15-20% of my overall 3 million-dollar portfolio. Seeing it pop like this is good, don't get me wrong, but it also makes me super antsy. Is this the long-awaited surge, or just another head fake before a dip?

I retired from the energy sector here in Houston back in 2018, right before things really started getting wild. I’d always had a pretty conservative approach, but after seeing a few cycles in oil and gas, gold felt like the ultimate bedrock. That conviction served me well through COVID and all the inflation mess. I piled in more aggressively when it dipped under 1800 earlier this year, and that move alone is looking pretty savvy right now. But now, with talk of interest rate cuts potentially getting pushed back, and geopolitical tensions still simmering, it’s hard to tell if this rally has legs or if it’s just a temporary flight to safety that will dissipate.

My current strategy has been to hold strong, maybe take a little profit on some of my physical rounds if it hits a certain threshold to rebalance. I’m thinking about scaling back just a tiny fraction, maybe 5-10% of my physical holdings, to lock in some gains and perhaps free up some cash for other opportunities. The Gold IRA, though, I’m leaving completely untouched. That’s my long-term, hands-off anchor. But the temptation is real. What are you all doing? Are you holding tight, or are you scaling out a bit to capture some of these profits?

It's always a debate between "stick to the plan" and "adapt to new information." My gut says gold still has room to run, especially with the dollar looking a bit wobbly globally, but my head is telling me to be cautious. Tell me, wise internet strangers, what’s your take on these recent gold price movements and how are you adjusting your personal strategies?