Gold still capped at a resistance of 1272 levels after a better than expected in Markit US Manufacturing PMI, then it fallen back to trade a support of 1262 levels until now. This support looks firm for a short-term; however, Gold has to beat up a key resistance of 1268-1272 levels to extend its rebound. Some short positions consider taking profit if a support of 1262 levels unbroken. Or keep holding short with stop loss above 1268 or 1272 levels. Focus in US consumer confidence tonight.