two possible cases on GOLD as i wait for the proper entry point

looking at the gold signal there are two possible cases that will make a huge movement on it,firstly I see that gold is on a downtrend movement,a retracement on gold is occurring at the movement and I am expecting it to end around the area 1472.00,it might be possible for it to push up against this level that's when I will be waiting for another resistance at 1486.00

and it might pop above to the area 1553.00

another possible case is that GOLD will push below when it gets to the area 1472.00 and will continue with its downtrend movement to the area 1356 mind that this is a long term trade