Stay above 1150 / 1200 is going to be constructive for Gold and may propel it to 1500 but as we mentioned in the earlier post that easiest way to trade it is to wait for it to hit the resistance and short it. You may not be able to predict when next $50 bounce will come but, as soon as it hits the good resistance, it is going to drift lower for few days where you can pick up your winnings, e.g. We didn't know if it's going to hit 1300 from 1250 but well our short from 1300 has worked like a charm ! This strategy has been working for us very well and we are in no rush to abandon it until something changes drastically.
If you can define your clearly then even amid chaos, it becomes relatively easy to pick up winning trades. So forget about whether Fed is going to hike or BOJ is about to ease further, just short it from 1300 / 1350 / 1400 and get handfuls of points and if you want to get long, wait for 1260 , 1200 and 1150 to be tested.