XAUUSD has declined yesterday from the high of $1278.97 on stronger dollar and rising global equities. Gold is currently trading around $1268.55, testing the support around 1267.30. A decisive break below this level will lead price to 1263.00 [61.8% retracement of 1204.80 to 1357.43 move]. A break above 1282.20 will take the price till $1288.00.
Support: 1267.30, 1263.00 & 1259.75.
Resistance: 1273.20, 1279.00 & 1282.20.