Look what we've got based on Monthly descending bullish channel 1M: Bullish channel (not wedge) resistance sustained 1D-4h: Reverse price bar on 1D with DIAMOND TOP and H&S, SHS or Head & Shoulder figures formed on top for reverse and move the gold to new low
Some details and multiple timeframes charts would post later
Because of the right side of the neck line is little inclined to up, the right shoulder must be taller than the left shoulder. The last leg up of the correction B wave will bring the price up to that level (1266.4) before bears taking over the control.