XAUUSD (1302.77): Gold prices posted some modest gains as price action managed to touch the resistance level near 1304 – 1301 level. Price action is required to breakout above this resistance level in order to post further gains. The next main target to the upside will be at 1325 level. To the downside if price slip below the resistance, then we expect to see further consolidating taking place within 1304 – 1301 level and 1282 support
