Gold should now collapse potentially as early as next week.
A possible short lived rally to the 61.8% retracement level at 1285 cannot be ruled out but then it will ultimately collapse to below it's current support level of 1257 to the 50% fib at 1174.93.
The AUD correlation gap grows wider and only hastens the correction.
I already have a short position in gold but with the current us dollar index rally and the gap widening even more I am now looking to add on a break below 1257.
Good Luck.