Looking for a correction here.
Wave a has completed to 1281. Wave b will likely pass to 1290 ( .618 fib retracement of wave a) .
Then Wave c , may then equal wave a , taking Gold to 1277 and into the .50 - .618 wave iii retracement .
Now the trade begins with a long entry out of this , for the final leg to complete the wave iii .
Stop @ 1269 ( wave iv should not travel into wave i territory)
Target 1300 - 1305.
Risk 3 : 1.