Gold is moving in this range from the 15th of August. This range was tested many times and it looks strong, a bullish breakthrough will see gold move up 15 dollars to 1510 USD. A failure to break the trend will drive the price to new lows with a first target to 1487. IF it does break put your TP at 1510 and the SL at 1490. IF it falls back TP at 1487 and SL at 1500