Well gold is certainly bouncing around, nobody seems sure of anything at the moment, no doubt its on its way to surpass US$1000 plus but on the way it will provide some angst for all goldbugs. The US$ has always had some correlation with gold and the dollar down usually means gold up, the US dollar index has however strengthened after falling from a year long high in early March, this recovery may be short lived as it tests the 50day MA. In the meantime we might see some decline in the POG.
The US$ Index which had been trending up for approx 12 months has clearly broken down away from that trendline within the last couple of months. The 50 day MA is the test we may now need to wait for.

I exited LGL today just after the open and managed a 15cent profit, a 5% gain.
The IAU and DOM trades still remain with stops in place now somewhat tighter.