I would expect gold to pullback to previous support @ 1303.90 before going short. Fundamentals on the long forecast show that the lowest price that gold will hit is 1204. The forecast shows that potentially gold could dip lower than 1204, reaching its lowest point of this year at 1150 before going long and seeing highs of 1400 mark.

TP1 @ Support 2, 1277.600
TP2 @ Support 3, 1258.80
TP3 @ resistance, 1230.80
TP4, final TP @ support 1206

check out longforecast.com/gold-price-today-forecast-2017-2018-2019-2020-2021-ounce-gram
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