I think we should keep in mind that Gold formed a spinning top on the monthly time frame below the resistance at 1280. It's quite possible it will continue falling and break below 1200.
From the current resistance zone on gold, around the 1257 level, the metal may go in any direction, but there is a higher probability of breaking to the upside.
Gold may go in any direction from the current level, but the bullish momentum is still in place, another visit to the 200 week EMA may produce a breakout.
It's testing the resistance at 1235 at the moment. Considering the doji candlestick on the daily time frame above the support at 1230 it will break above it eventually, I think.
Gold couldn't break above 1300, formed a hanging man candlestick on the weekly time frame and started falling. It's currently testing the support at 1270, and I think if it breaks below that level it will reach 1262 - 1260.
Gold has no clear trend in the midterm and now that it is at the 55 day EMA, it may go in any direction. possible resistance is still the 1300 level and support at the 1200 level.