This could pan out if harmonic pattern play out. A 6+% correction is within the realms of a bulltrend. A long from levels @1450:ish should have a nice RR.
Gold has acted pretty much perfectly as far as the move to multi year high in an AB=CD. It failed to break out from the flag and that should open up for a test of at least the bottom of the flag. If that fails - look out for 1360-1380:ish.