Gold’s failure to capitalize on a bullish break from symmetrical triangle formation if followed by a break below $1273 levels today could yield $1266-63.
An hourly closing below $1263 would mark bearish break from symmetrical triangle and add credence to failure of bullish break seen yesterday.
On the higher side, prices need to take out $1283 in which case an attempt at $1288-1295 could be made.