Gold’s four day winning streak has been accompanied by falling tops formation on the hourly RSI, indicating bearish divergence.
Thus, a break below Asian session low of $1272 followed by a violation at immediate support of $1268 would open doors for a corrective move down to $1263.
On the higher side, $1284 stands as a strong resistance, which could be put to test if prices rebound from $1263 levels.
Overall, dips could see fresh demand as long as prices do not see a day end closing below $1263 levels.