Gold looks to be breaking up higher. This not a fundamental long-term gold call, but given the move higher above the trend line I see short term potential for gold.
Easiest way to express this view is via the Gold ETF, GLD. The chart shows how GLD moved above the short-term trend. Max short term potential would be reaching the 146 level. I think if gold is to move higher, it will do so rather quickly, so I think a call spread in the GLD gives an interesting risk reward with a given max loss level at entry. The November 143/146 call spread gives you a 4 to 1 max profit which I think is an interesting play on gold here.