The 3.14 BC Projection lines up closely with the equivalent completion indicating that the reversal zone (red ) does possess some resistance. The reversal zone also lines up with , looking left.
Overall, gold has been in a downtrend on the daily and weekly charts, so I don't expect the market to turn around when this completes. I only expect a small move upward before the market moves down further. Keep stops tight and targets reasonable.
It is important to emphasize that this trade shouldn't be entered with a limit order, but rather price action must be observed closely in the reversal zone for confirmation of a upward move in price. This could be a on a lower timeframe or a candle.
UPDATE: This pattern is not yet invalid, but it is not tradeable either. Since price never descended into the potential reversal zone, I did not take this trade. I would still wait for gold to come into the red , but time symmetry is definitely not there anymore.
UPDATE: Price has gone higher. I would consider the to have not completed, but you could have gotten in on the swing low and made some profit. I expect gold to continue on a downtrend overall.