GOLD has tested 1260 zone and has not been able to breach below and currently on the upside.
Double bottom from was probable, however caution required between 1260-1305 consolidation.
In my previous post the outlook is still in play: XA= 1261-1305, B= 1280, C= 1285, D= 1248(127%*XA)/1233(162%*XA)
The B leg was a little premature at 1280 however B = 1263(Dbottom) and C= 1285(ab=cd 1287), C can also extend to 1292-1296, breakout above 1305 will invalidate the downside. Break below 1260 then D= 1248(127%*XA)/1233(162%*XA)