XAUUSD (1215.02): Gold prices managed to modestly push higher on the day. Price action was seen closing above the 1211.50 level of support. However, with the gains being very modest, there is a risk of further consolidation. The main resistance at 1219.75 remains a key level that needs to be breached. A close above this level could push Gold prices higher. The next main resistance level is seen at 1242.25 level.
