Gold is pulling back higher, approaching the 1256.00, retesting 1256.00 intraday resistance, the ongoing bullish bounce is so far corrective in our view, following the bearish breakout of the symmetrical triangle pattern shown on the daily chart above.
 

A break above 1256.00 may extend the upside towards 1262.00 and resistance level, however, we look for new bearish attempts after completing the upside pullback, as momentum remains negative, while MACD is still in a negative bias.