XAUUSD (1352.22): Gold prices were seen erasing the minor losses with price action pushing higher at the time of writing. The resistance level at 1354 remains a strong level which could see the current gains being stalled. There is scope for gold prices to breakout higher if the resistance level is breached. To the downside, the rising trend line is expected to hold prices support, but a break of the rising trend line could signal a decline back towards the support level at 1325.50 level
