Gold will go for a down move - at least to test 1300 area - it might even go down further - but will see when it comes to 1300 first. But is this the time for it to turn to the down move? May be not - it might crawl up a little again (or spike high) or may consolidate a while in this marked area but it will fall. Keep an eye in 4 hour or 1 hour chart to go short.
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If you are not already short in gold, do not jump into the trade now, wait for a retracement - it might crawl up to 1350 area and if it does, look for a price action to join another leg down.