If Gold and Silver can't be tamed by strong dollar then this current consolidation points very picture. Even strong NFP wasn't able to push these cousins to the next big to at least challenge the uptrend. Rather it looked like more of a correction within developments. We don't know what the next spark will be but if something sudden happens like last year August equity meltdown then Gold and silver will rocket higher.
Again we are not gold bug but just trading the reality. If circumstances change then we need to change the trade accordingly. But right now our both long trades are looking good and it looks like we should add more long exposure via calls or call spreads.