• Gold declined to hit two weeks low on Tuesday as firmer dollar and higher equities pushed investors towards riskier assets as demand for safe heaven assets waned.
   
• Gold prices took a dive from 1268 levels to hit low at 1256 before recovering towards 1264 levels.
   
• The commodity is poised to breach the support level located at 1256 and decline further towards lower levels as yellow metal weaker against US dollar.
   
• To the upside, the strong resistance can be seen 1273, a break above this level would expose the commodity towards 1286 levels.
   
• To the downside immediate support can be seen at 1256, a break below at this level will open the door towards 1247 levels.
  
  Support levels: S1-1256, S2-1247, S3-1237
  
  Resistance levels: R1-1273, R2-1286, R3-1300