Wyckoff trading method, page-1026

yes, you could be right HF,
But just remember that is a really really long term channel, so any trade off that analysis should be a very very long term trade, or at least come back to a tighter timeframe for an entry and to monitor it.
At times the Gold chart is very clear, and makes good sense to trade, at other times the analysis is somewhat clouded, with lots of if's and buts.
And I know some who also want to see Silver in a similar position before trading it.

cheers