In the short term, Gold should move lower to the boundaries of the triangle or at least around 1250 ! Critical levels are the (c) and (d) level. A break of the former would likely mean that Gold is heading higher to the 1500 area whereas a break of (d) would mean a long term trip down to the 700-800 area !! If it breaks to the upside I will then relabel my chart as a A, Triangle B and C (last leg up!) Either counts call for a big drop later of sooner !