It looks like the wave (iv) is in progress and 1288 is a resistance. One more dip is possible after the FOMC meeting minutes on this Wednesday . Wave (v) bottom should be around 1252.00. BUY gold @1255.00 (to not to miss the trade) with SL @1245.00. This is the last time you could see 12xx.xx numbers for gold in your life!!!
If the price breaks above 1292.00, this view is invalid.
Those who are trading futures, BUY TWO (2) Dec.2018 contracts and liquidate ONE contract when the price hits 1460.00 (hopefully, by the end of Feb. 2018) and keep the other to ride till the end of OCT. 2018.