Gold recovers from its losses, holds $1264
Gold explored the area below $1264, but has held the level so far. Further gains would head to $1270, previously key support.
The next areas to watch on the upside are $1275, and then $1284. There appears to be significant strength around $1264, given the repeated bounces off this level, but a break would open the way to $1246, and then down to $1240.