Yeah, the gold chart really does look sickly. It's either in a long basing pattern or preparing for another leg down. I rate the probability about even - there's no way to tell until it breaks out of the range. Meantime it's trading sideways, so there's only about 1 chance in 3 of making money by holding it now.

I'm keeping the bulk of my money in things that are working (like solar stocks). Just today, JASO, JKS, & CSIQ made new highs. I think there's more to come, at least for the next couple of months or so. Some day it will be time to switch back to PMs, but it might be a while.