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SunLion506

Example of two possibilities to either Short or go Long

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
SunLion506  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
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trendanalysis
If the chart breaks support line (shown in blue line) it could come back to retest the line and conitnue down good for a short (shown in buttom red arrow)

or

it may bounce of the support and return back to the Daily 200 EMA (following the Green arrow) then bounce of the Daily 200 EMA and conitnue down towards a Short (Shown in Red Upper Arrow).
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