GOLD 1300-1260 CONSOLIDATION

GOLD IS WITH THE SUPPORT ZONE 1300-1260, LARGEST CONSOLIDATION FROM 1205-1357 (63.00) TO 1294, COULD IT GO LOWER !!!
PRICE IS STILL WITHIN THE 1300-1260 ZONE AND ALSO PREVIOUS BREAK OUT LEVEL OF 1295-1290
BREAK BELOW 1290= 1280-1270 ZONE... BREAK BELOW 1270 THEN LOWER PRICES PROBABLE.

THE MOVE FROM 1357 TO 1294 OR LOWER(1260-1300) COULD BE ALL OR ONLY PART OF THE CONSOLIDATION.
ONCE THE CONSOLIDATION IS COMPLETE... UPSIDE RESISTANCE 1300-1320, ONLY BREAK & CLOSE ABOVE WILL CONTINUE THE UPTREND