Possible buy at 1550

Updated
Almost all time frames show a possible buy in different locations, the nearest one should be near 1550, after a clear downtrend, should retest and go long or if breaks bellow the support in black, Should wait for another trend level in the funnel, Risk ratio here for my analysis could be 1:3, pretty good
Note
See the support I am analysing is in the Fibo at 23.6%, if you wanna be conservative you should wait to see what happens in this level
GoldgoldanalysisgoldideagoldlonggoldtradinggoldusdLONGMultiple Time Frame AnalysisSupport and ResistanceTrend Lines

Also on:

Disclaimer