Like we see in the chart gold price could not break the trendline, so maybe it will retest 1635 then bounce back again.If it could break 1637 (the price at the trendline), so we consider it is a bull situation. Then buy at 1637-1638,S/L:1635,T/P:1644,1648 Otherwise if it couldn't break 1637, it is still in the descending trendline, so that time we should put sell options. Sell:1635,S/L:1638,T/P:1630 Sell:1630,S/L:1638,T/P:1617