As mostly of us know a lot of commodities like Gold or Silver are following the US Equity Markets. Fundamentally it shouldn`t follow them, but thats another topic. Gold and Silver are performing today but if we take a look to the 15 minutes chart we see there are a lot resistances in the upcoming "trend". So, same as the Equity Markets i also dont see strong positive indicators. But there are a few more visible.. That would be perfect for scalping but for long-term investment we should wait a bit more and let it ride out.
By the way; check the comparisons between DJIA, SPX and XGLD to GLD