FantamegaBig Offers at 1434
Huge offers at 1392
Good sized offers at 1342.3
Offers (not big) at 1329
Small Offers at 1325.5
Current 1316
Huge Bids at 1236
Personal view:
for sure we're going down, will we go to 1236 in a straight line? I doubt
The ideal strategy remain sell at offers, keeping an eye on the 1342 one that if broken may signal the beginning of the end of this downtrend.
As for buy it, i admit to be doing something similar on gbpusd (i bought at 1.6488 and plan to close at the nearest offers at 1.6510), but gold is different, going against gold trend (whatever it is) can be pretty dangerous!
So, be careful and good luck mate