After a great trade in gold (see the link in the chart) a better one is coming. Price is moving to the down and will soon reach the lower bond of a long term corrective structure after a big impulsive up move. When price reaches the lower we should watch for a buy setup to complete and go long aiming at least the upper of the pattern. If price break above it, we will be in a trade for months..! But take one step at the time!
All depends on if Feds raises Rates or not on Sept 21. If feds raise interest rates, Dollar will have value short term, Gold will do a pullback because of market sell off in the mining sector. But raising rates will hurt corporate earnings; thus we will see substantial market sell off. This would create a domino effect, hurting the chances of Hillary becoming a president. If feds don't raise rates then we have at least 2 month of Gold bull run, since the next fed meet is in December. I am so confident that the Feds won't raise rates before election. Right now the chances of rate hikes is at 11% and December is now 44%. Next week we might see some side ways action possibly lower around 1308-1303. But after Yellen Speech of no hike, I expect a surge upwards in Gold price, and gains in mining sectors. But again safer to listen to Yellen Speech and then take position accordingly. (My) Fundamental analysis and (your) Technical analysis go hand in hand.