Gold looks like it wants a pause right now. I expect it will be a short pause with another run to come, but I wouldn't bet the farm. Well, maybe I would, actually, I have, lol.
That said, I'm a little nervous right now. My main concern is that the gold stocks have not (yet) bested their highs of March 08. They are not acting as well as the commodity. I would be more comfortable if they broke out to new highs on good volume.
Because of the season, I'm sticking with my micro-cap PM strategy until mid-Jan. Plan to cash out then - holiday time.