If you are using 1 hr MACD, certainly a buy signal is given. It can last for a few hours to a few days. Nevertheless, the overall trend is still weak.

If the hourly signal turns down, I will rather sell a call to protect current positions or cut current position by 50%.

It seems that gold may move to 1325 which is the next support. If cannot hold, it will most probably hold at 1270. I am watching the last figure closely as this is the point I will add to my positions once it hold support.