Replies to post #5358 on Profunds index and sector trading (PRO)

[Justa Werkenstiff]

S: Be careful on the golds. XAU has a three outside down pattern forming if the down on the xau sticks today:

http://www.litwick.com/indicators/1241.html

It may well be headed back to the 50 dma if this holds. I took my profits in golds and looking to enter again. Yet the seasonal strength and cylce strength of the dollar historically for this time period has me in patient mode.