Gold – Long Term Price Action

Having taken a long position for a long-term trade, I feel a bit suspicious on this decision.

I came to read an article noting that the gold miners would have been well prepared for a decrease down to 1120 level.
They might be, but I am not actually prepared for this financially .

On the other side, speculative short positions already equaled long positions.

Any ideas for a long-term positioning in gold?