Gold will move up and down, day traders have a short term view, what is more important is why gold is rising at the same time as the USD and the longer term implications of this.
Gold could easily retrace to 1250, doesn't really mean much. There were so many closes at and below 1200, that was an important number as shorts were building up above 1200, now that some of them have been cleared out, price may move up a bit, and if the USD sells off, gold should rise considerably.
