We've been looking for new entries on GOLD in the past several days. We don't yet have a clear breakout signal and this move hasn't happened yet.
If price breaks below the previous low then we could look for entries based on the "Break and re-test" strategy. If price goes to the upside then we will be looking for entries based on the "Pullback of a level" strategy.
In both cases we will be looking to sell and not to buy!
The first level at which we want to see price is 1723!