XAUUSD (1197.93): Gold prices continue to trade flat within the 1212.20 and 1196.00 levels. The downside breakout of the minor rising trend line indicates a possible decline toward the 1183.30 level of support. The direction remains flat at the moment, but we could expect to see a reversal near the lower support. Failure to hold the declines near 1183.30 could, however, turn the trend to the downside
