Long term I don't see any major concerns with buying in the 40's. Time horizon should be the main consideration for investors at this stage.
NFP numbers tonight could push gold higher or lower short term. If you're not happy to face that risk then stay on the fence. Even with a rate increase on the way in the US I still believe gold is trending higher.
SLR Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held