Not much volatility yet for expiration week as the Dow gained 11 points on light volume.  The advance/declines were negative.  I still think we'll go higher this week but there really isn't a catalyst for prices yet.  Still overbought on the stock indices.  No need to risk a trade anymore in the September option cycle.  GE was up almost 1/4 on light volume.  Overbought, staying there and who knows how long that will last?  October GE calls on a pull back is the plan for now.  The gold futures were flat on the day which represented a comeback from the sell off in yesterdays aftermarket.  The Dollar showed a gain again today but the precious metal did not sell off.  This is a positive going forward.  The XAU gained 1 1/2.  ABX, GG and NEM had fractional moves one way or the other.  Volume was average.  Very overbought here but that can last a while in an extended up move.  That appears to be what's happening here.  Any sell off in gold or the gold shares can be bought.  However it seems everybody knows this already, hence no sell off.  I'm going to wait for some weakness though.  Mentally I'm feeling a bit tired.  I'm still in a wait and see mode.  I believe that the end of this month will produce some weakness but not necessarily this week.  The summation index is still heading higher.  Gold is practically going parabolic here and that is a dangerous thing to chase.  I have to wait for some weakness here.  A quick decline in gold would most likely set things up for the next rise.  That's a guess as usual.  Gold has gotten a lot of attention lately and that could be a precursor to a cooling off period.  We'll see what tomorrow brings.