I'm sure this post wont be popular on this thread, however I' not a believer in gold's recent breakout.
Gold was underperforming ccys by quite some distance & I see this latest move as a catch up I think dollar strength will return. I'm buyer of around $1180 & a seller here above $1220.
Just a short term view & its difficult for me to short as longer term I am bullish.
Cheers Daytr