$XAU is one the oldest PM Stock Baskets still around.

It tends to lead

This Chart has 2 possible scenarios

1…Bullish

Half way pattern which has just broke out and backtested ( today) ..WOOOHOO

2….Bearish

A Symetrical Head and Shoulder Pattern which is still in process and would break down below the neckline

odds favor 1 as it is building in a Bull Move

But 2 is still very viable

Sorry to be ambiguous but sometimes one needs to be cautious .

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http://schrts.co/jSvbRbNx