I would be waiting for clear buy signals to enter the market. I guess Gold has reached it's support line and would be changing to up trend in a while.
As I expected we have rerached the upper side of the channel. I would wait for a clear break at this point. In case of break my next target would be 1305
As far as we are in the channel The gold would go up I would watch for the channel break as a signal of trend change
Gold is completing a pull back and I think it would go up for short as a start for it's long term uptrend change