Beautiful setup. I suspect that Gold will probably break it's current ascending 1/2 angle soon and find it's way back down to the main ascending 2/1 angle by following the blue arrows. However, another test and a break of the $185-ish area could very possibly lead to a $222.75 target (+50% of 148.50 - red arrow).
First part of the retracement is pretty much complete. On the way up, I'll be watching for strength above the 2/1 angle. There is a possible inverse head and shoulder pattern emerging. October shoulder, December head, March shoulder. If the pattern is complete and a breakout above 2/1 occurs, price target would be ~$200.