Generaly view is bearish in GOLD
all we need to wait is for pullback after the cycle from yesterday lows ended .
1307 here can be crtical
The short term last 1 hour view in Gold is mainly the same larger view trend is lower, wave ((a)) completed at 1268, the metal is currently in wave ((b)) & we expect the rally to fail in the 1308-1317 zone & afterwards expect there will be another leg lower toward 1260-1251 region before wave ((w)) completes, afterwards a pullback in ((x)) should fail in this same general area around 1300 before turning lower again
THE ABOVE ANALYSIS IS VALID UNTIL GOLD IS BELOW 1335
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