Technical outlook and chart setups:
1. Gold is stalling at sub $1,310.00/15.00 levels for now. A push higher towards $1,330.00 would be encouraging for bulls; while a turn lower from here could again test $1,290.00/$1,300.00 levels. Recommendations are to remain flat for now and watch for a reaction around $1,330.00 levels.
2. Support is at $1,270.00 (interim), followed by $1,230.00/40.00, $1,210.00 and lower while resistance is at $1,330.00, followed by $1,350.00/60.00 and higher respectively.
3. The structure indicates that Gold is trading in an unknown territory at the moment. It needs to break $1,330.00 levels to confirm that bulls are there to stay.
Trading recommendations:
Remain flat for now.
Good luck!