As you see in my following attached chart, the price of the gold traded between a high of 1389 and a low of 1376, closed at 1386. Today the metal trades below the resistance line of 1388.
Downside Scenario: A holding of the resistance line of 1388 could help the metal to decline into 1362, then 1350.
Upside Scenario: A break above of the resistance line of 1388 could push the metal up into the levels of 1400, then 1412.