I waited for gold to do something for over a decade. I made a little money but it was so boring, truly worse than watching paint dry. I finally dumped it and went back to trading paper. These days I'm basically a trend trader. I wait for queues to single a trend up or down is confirmed then I buy or sell. If the trend peters out I dump the position. If the trend reverses I reverse my position. If the trend resumes I buy back my position. This is what most hedge funds and professional traders do. They are trend followers. It's pretty simple. It's not always fun or easy. During times of chop you can get beat up pretty good getting knocked in and out of your positions multiple times. But... I would rather be a trend trader than try to make some kind of directional guess about the future price and be wrong and argue with my position as I wait for years for the thing to turn around again. That sucks.