XAUUSD (1241.67): c prices continue to consolidate below 1242.25 level of support. With the currency pair failing to make fresh lows, price action is likely poised for an upside breakout. The price level of 1247 – 1242.25 could potentially offer some short-term resistance. However, a breakout above this region could trigger further gains that could push gold prices to test the 1258.21 level in the next leg to the upside
