This is possible scenario how the gold
will move next. When it comes to harmonic patterns
in price action prediction we can see that Bearish Butterfly
could fit well. So if B point (1330) holds and C point will be confirmed (either at 38.2 1274 or deeper at 50, 61.8, 78.6 or 88.6 retracement), price could go higher up to 1438. 38.2 is very likely future C point when recent strong bullish
moved taken into the account.
There is also emerging another eventual harmonic pattern
that could be drawn from 2013-08-28 pin bar
(not present on this chart).