GOLD:- Gold has been rising from 1155.60 to 1282.20 without any substantial correction. At the same time we are of the view that it has completed the five wave pattern on upside.From the Fibonacci retracement point of view 1250.50 & 123.80 are the 25% & 38.2% levels respectively. From the EWT point of view it should come to test the range of 1251.00-1237.90.We recommend selling around 1280  with the stop of 1290 for the target of 1250.In rupee terms sell at 19200 with the stop of 19300 for  18850-18700  18850-18700 .